News in Numbers

Private hire and taxi firm Addison Lee has announced an investment of this size in 600 new zero-emission capable VW multivans. The business has over 1,000 fully electric ID.4s on its fleet.

Octopus Electric Vehicles (a provider of salary sacrifice programmes) agreed debt securitisation facility of this size from Lloyds Bank to fund electric vehicles, pushing total EV funding to £1.2 billion.

Despite facing opposition from the Licensed Taxi Drivers’ Association, representing approximately two-thirds of London’s 15,000 cabbies, Uber is extending an invitation for black cab drivers to register for its upcoming service.

This percentage of the UK public cited the lack of charging infrastructure as a primary reason for not buying an EV, according to the Energy Policy Institute.

The Financial Ombudsman Service has sounded the alarm with recent data revealing a notable uptick of over 13,000 complaints in the first half of 2023 compared to the previous six months.