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New LEVC TX taxi is planned, but no timescales mentioned as LEVC cuts losses by over £110m
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New LEVC TX taxi is planned, but no timescales mentioned as LEVC cuts losses by over £110m
London EV Company (LEVC) has confirmed that its current TX5 taxi is approaching the final stage of its product lifecycle, with the Coventry manufacturer preparing a new-generation TX vehicle as it seeks to respond to changing regulatory requirements. The disclosure forms part of LEVC’s annual report and financial statements for the year ended 31 December 2025, which provided indications of how the manufacturer intends to develop its taxi busines…
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