Following the announcement of £24m funding from the Mayor of London, TfL has re-launched its enhanced delicensing fund that supports taxi drivers who want to delicense their Euro 3, 4 or 5 vehicles.
TfL has restructured the taxi delicensing scheme, with top payments of £6,000 available, and tiered payment levels available to subsequent applicants on a first come, first served basis.
In March 2017 the Department for Transport announced a further £64 million of investment to promote the use of electric taxis.
This money will support drivers in two important ways:
1. A £50 million Plug-in Taxi Grant programme. This will give taxi drivers up to £7,500 off the price of a new vehicle. Taxi drivers who switch to the new electric cabs could also save around £2,800 in fuel costs a year.
2. £14 million of investment will deliver new dedicated charging points for electric taxis in 10 council areas.
These projects are expected to deliver around 400 rapid and 150 fast charging points which will enable the take-up of around 23,000 ULEV taxis nationally including supporting existing plug in private hire vehicles.
The Electric Vehicle Homecharge Scheme (EVHS) provides grant funding of up to 75% towards the cost of installing electric vehicle chargepoints at domestic properties across the UK.
For more information as to who is eligible to apply for the Electric Vehicle Homecharge Scheme and how to access it visit www.gov.uk.
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Supported by Source London, London’s leading charge point provider, this initiative will ensure that locations are chosen strategically to suit your needs.
Powermystreet will collaborate closely with all of London's Boroughs to facilitate the installation of charge points in areas of high demand and accelerate the development of the existing infrastructure.
Transport Minister John Hayes said:
"This government is committed to improving air quality and reducing pollution in towns and cities, which is essential for people’s health and the environment. This is also great news for the economy as we invest in cutting edge technology and the next generation of transport and engineering professionals by creating thousands of new high-skilled jobs."