Scottish taxi drivers are being offered interest-free loans by Transport Scotland to enable a swifter move to cleaner electric or Euro 6 standard taxis.
For ultra-low emission hackney cabs like the new LEVC TX, Energy Saving Trust, funded by Transport Scotland (an agency of the Scottish Government), will provide interest-free loans up to £120,000 to replace conventional internal combustion engine (ICE) hackney cabs regardless of age.
As part of the Low Carbon Hackney Cab Loan, there are also interest-free loans of up to £120,000 are available to enable owners and operators of hackney cabs to replace cabs that are more than 8 years old with new, efficient models with emission standard Euro 6.
It’s worth noting that these loans cannot be used for private hire or saloon vehicles!
How do I apply?
Before applying for a loan you need to call 0800 0931 669 and speak to a specialist Transport Advisor who will offer advice regarding the purchase of the vehicle.
Please note that the latest version of an application form should only be obtained through a Transport Advisor.
All applications should be completed and received by Energy Saving Trust at the beginning of March 2019 in order to be processed by the end of March 2019 when the programme expires..