Has TfL taken into consideration how the new Taxi Delicensing scheme will affect the Rental Market for Taxi Drivers and whether there will now be a shortage of Taxis to Rent?
Transport for London’s enhanced taxi delicencing scheme, launched in January 2019, was designed to speed up the removal of the most polluting taxi vehicles to improve London’s air quality. There are alternatives to decommissioning an older vehicle, such as LPG retrofit or purchasing a new zero emissions capable taxi. The delicensing fund was increased in February 2019 based on feedback from the trade, including fleet owners in the rental market, many of whom also want to transition to more ZEC vehicles. Fleet owners are, however, limited in the number of vehicles they can decommission per company due to state aid limitations.
Please also see my response to Mayor’s Question 2019/6177.