Metrocab “Remains on course” despite debt worries

The new electric Metrocab is still on course to enter the taxi market despite several setbacks, the company has told TAXI magazine.

Frazer Nash was ordered to be “wound up” by a High Court judge last month over more than £1.5m of unpaid debts.

But a spokesman for the company said its legal team was thrashing out a response which he hoped would resolve the issue.

He said that greater setbacks had been caused by LEVC’s claims of copyright infringement, which Frazer Nash had to fight in court.

The Metrocab manufacturer won the case and the subsequent appeals, which caused significant delays to the introduction of the vehicle to the taxi market.

The Metrocab electric vehicle, was hoped to be manufactured in Coventry, and if built will help improve air quality by tackling emissions of diesel fumes, allowing cities like London to meet international air quality standards.

The Metrocab became London’s first licensed zero-emissions capable taxi in 2014 and took part in a two-year Trial in London, covering hundreds of thousands of miles with 75% zero-emissions operation, substantially enhancing air quality, reducing emissions, and delivering significant fuel savings to drivers.

The Metrocab is fully ready for the introduction of London’s Ultra-Low Emissions Zone and in 2014 introduced a host of new features never before seen on a London taxi, including all-LED lighting; the London taxi market’s first panoramic glass roof for the passengers; USB charging; and zero-emissions capable operation.