The new greener iconic London Taxi due to roll out later this year has been unveiled.

The final design has been released for the new electric-powered black cab which has also been given a new name and new logo.

The transformation is due to wheel its way onto the capital's roads in a matter of months.

A huge £325m investment has seen the London Taxi Company (LTC) relaunch as the London Elecrtical Vehicle Company (LEVC), complete with a new logo to support its global vision.

The new London Taxi - the TX - will run on electric battery with a small petrol generator, saving on average £100 week on fuel.

LEVC TX model

The all-new electric TX and its eCity technology will allow taxi drivers to whisk passengers to their destinations with more than 70 miles on zero emissions before switching to petrol for 400 miles.

The move is in line with a new Transport for London scheme which will ban licensed taxis from running on diesel from 2018.

Final quality and testing checks are being carried out on the TX which has taken on extreme heat conditions in the Arizona desert and freezing temperatures in the Arctic Circle.

LEVC will launch in the London market with the TX order book opening on August 1 this year.

Inside the new electric black cab

Chris Gubbey, CEO of LEVC said at the launch: “Today is an incredibly exciting day for the company, for the world’s cities, for the air we breathe and for the drivers of commercial vehicles.

"The launch of LEVC marks Britain’s leadership as a first mover in creating the world’s only dedicated electric vehicle company for the urban commercial market.

“From our heritage as the manufacturer of the iconic London Taxi, we have unparalleled insight into the needs of commercial operators.

"Drawing on the best of British design and engineering as well as technical expertise from our sister company Volvo, our products will help transform city living and provide taxi drivers with an average weekly fuel saving of £100 compared with our outgoing diesel model.”

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