Geely has taken the wraps off their brand new TX5 destined to perform taxi duties in London, UK.

Geely has taken the wraps off their brand new TX5 destined to perform taxi duties in London, UK.

It’s bound to hit the streets in 2017 and will employ a newly developed plug-in hybrid setup, but technical specifications are scarce at this moment as we only know it has a four-cylinder gasoline engine up front. The unspecified battery pack has enough energy juice to enable the TX5 to run solely on electric power for an “extended period.”

Needless to say, the TX5 fully complies with the London taxi requirements concerning trunk capacity beside the driver, wheelchair access, face-to-face passenger seating for six people and it also has a very small turning circle which makes it easier to maneuver on the busy streets of UK’s capital.

Previously owned by Volvo, a design studio based in Barcelona, Spain was in charge of elaborating the styling for the new TX5 which was actually influenced by the FX4 dating back to 1958. The underpinnings were developed by the London Taxi Company of Coventry and the entire project is the end result of a massive £250 million investment by China-based Geely which owns the LTC.

A significant part of the investment (£50 million) has been attributed to a brand new factory which will be in charge of assembling a minimum of 36,000 units per year and in the long run this will be the place where the LTC will put together up to seven different EVs which will all share the same platform encompassing a spaceframe made entirely from aluminum and wrapped around in composite panels.

Be part of something big

Geely reveals all-new TX5 London taxi