Last month, our parent company Geely announced that it was investing £250 million to build a new factory at Ansty, near Coventry, to put into production the next generation of the iconic London Black Cab.

The new TX5 will be a plug-in, range extended electric hybrid vehicle and will be available before 1st January 2018 in order to meet the requirements set by The Mayor of London for all new taxis to be Zero-Emissions Capable (“ZEC”) by that date.

Geely would not have had the confidence to make this investment had it not been for the strong support that we have received from the Licensed Hackney Carriage Trade.  Last year we sold more TX4’s in London than in any year since its launch in 2007.   The Chairman of Geely, Li Shufu, has asked me to send you his personal thanks for the confidence and loyalty that you have shown in the iconic London Black Cab. 

In recognition of this loyalty, he has decided that everyone who has purchased a new TX4 since Geely acquired The London Taxi Company (“LTC”) in February 2013 should receive a voucher which will entitle them to £1000 off the price of a new TX5.

 Furthermore, this offer will extend to anyone who buys a new TX4 between now and the TX5 launch date in 2017.  This is our way of saying a big thank you for supporting us. 

http://cabtradenews.org/2015/04/09/letter-to-the-taxi-trade-from-ltcs-peter-johansen/
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Comment:  Is this taking the P*ss. ? ? A grand off a new cab in two years time, if you spend £37 grand now and know that you will not have time to pay for the Cab, before you have to upgrade again, at an undisclosed future price.
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