Taxi Delicencing Scheme and ZEC Taxis (4)

Meeting: 
MQT on 2019-03-21
Session date: 
March 21, 2019
Reference: 
2019/6177
Question By: 
David Kurten
Organisation: 
Brexit Alliance Group
Asked Of: 
The Mayor

Question

What will the economic impact of the ZEC requirement (residuals etc) be on the Taxi and Private Hire Trades due to the impact of delicensing?

Answers

Answer for Taxi Delicencing Scheme and ZEC Taxis (4)
Taxi Delicencing Scheme and ZEC Taxis (4)

Taxi Delicencing Scheme and ZEC Taxis (4)

Answered By: 
The Mayor

Tackling pollution is a public health priority in London. To combat poor air quality, new measures are required to improve the health of all road users. Private hire vehicles (PHVs) and taxis both need to play their part and help clean up London’s air.

Transport for London (TfL) recognises the potential financial impact on the taxi and private hire trades of the ZEC requirement, and that on an individual basis this varies substantially, depending on the age of the owner’s current vehicle. Diesel vehicles had already been experiencing a downward trend in value due to the realisation of their air quality impacts and changing public attitudes in light of this information.

For information on the delicensing scheme, please see my response to Mayor's Question 2019/6169