Department for Transport written question – answered at on 24 March 2025.
Margaret Mullane
Labour, Dagenham and Rainham
To ask the Secretary of State for Transport, if she make it her policy to introduce a new interest-free loan scheme for taxi drivers purchasing new taxis matched to the retail price of the LEVC TXE.
Simon Lightwood
Parliamentary Under-Secretary (Department for Transport)
As of October 2024, 60% of actively licensed London taxis were zero emission capable (ZEC). The Plug in Taxi Grant (PiTG) has been crucial in supporting taxi drivers to make this transition to ZEC vehicles and decarbonise our roads.
On 25 February 2025, the Government announced that the PITG will be extended into the 2025/26 financial year with a reduced rate of £4,000 per eligible vehicle. The Government does not currently intend to introduce an interest-free loan scheme for taxi drivers.
Yes2 people think so
No0 people think not
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