Ansty, a town just north of Coventry seems an unusual place to be at the forefront of the future of London's iconic black cab trade. However it is here that, following the raising of $400 million, LTC, owned by Geely, the Chinese car maker, will equip the factory where the new TX5 will be built.
The TX5 is a six seat, electric - hybrid vehicle designed to meet the new vehicle emissions roles that come into force in London in 2018. The aim is for the vehicles to have a single charge electric zero emission range of 100 miles. It is estimated that the TX5 will set back cabbies a cool £42,000 and should be available next year. Tradex look forward to seeing the cabbies popping into their iconic Minories office to ensure the latest generation of black cabs to hit London's streets.
Make sure your taxi is insured.
Image source: http://www.autoexpress.co.uk/93221/new-london-taxi-tx5-black-cab-revealed-pictures
Whether you are a classic car restorer or collector, enjoy it as a hobby or operate from a business premises, you are likely to have many high-end and extremely rare and expensive vehicles on your premises. Making sure you have the right motor trade insurance in place to keep your assets protected is a top priority.
If you are considering selling cars for a living, basing your business at home could be a better option to help keep overheads down while you learn more about running your own company. Putting the right car dealer at home insurance in place is also an essential source of protection for all motor trade businesses and a priority when setting up.