Transport for London are set to spend £18 million on upgrading London’s power grids which will charge the first generation of the all new electric black cab, developed by The London Taxi Company.
Beginning on the 1st January 2018, all new black cabs will have to be battery-powered versions by law as part of Transport for London’s efforts to reduce the amount of toxic pollution being pumped into our eco-system.
The cash provided will cover costs for network reinforcements to enable Centrica and other energy companies to install around 300 rapid electric-car charging stations by the year 2020.
The charging point is supposedly able to top up a car’s battery within minutes, instead of the hours it can take for the thousands of conventional electric vehicles.
By the end of the year, it is said there will be an initial 75 fast chargers installed, but some only being used primarily for black cab drivers. The remaining sites will also be made available to owners of Teslas, BMW’s and the many more up and coming electric vehicle manufacturers.
The cost of installing the fast charging points will land on the heads of the companies who won a Transport for London tender, which include; Centrica, Bluepoint London, Chargemaster, Ireland’s Electricity Supply Board and Fastned from the Netherlands.
The Licensed Taxi Drivers’ Association expects the first electric black cabs to be seen out on London’s roads in September, while existing cabbies with an older model over 10 years old, will be handed a payment of up to £5,000 from the TfL later this year to help towards the cost of the new zero-emission taxis.