london cab tx4

London’s iconic black cab is making its way Down Under. Earlier this month, the London Taxi Company (LTC) announced it had inked a 10-year deal to supply its TX4 cabs to Australia and New Zealand. The LTC is owned by Chinese automaker Geely, which acquired it in 2013.

The distribution agreement will see at least 1,000 units of the TX4 being supplied to major cities in the two countries over the first five years. The deal is said to be worth more than 405 million yuan (RM244 million), Automotive News China reports.

There are already 100 TX4s running about in Perth, which has proven to be a receptive market for the LTC offering. The company said that its Coventry facility will produce the first order of 200 TX4 taxis this year.

london cab tx4 2

The announcement of the deal follows on the news that LTC said it was investing a further £50 million (RM281 million) on top of the £250 million (RM1.4 billion) it had already set for product development. Last October, the company announced it was developing a brand new R&D and production facility in Ansty Park, Coventry.

The Ansty factory will be able to build up to 36,000 vehicles a year, 10 times that of its current Coventry plant. Aside from TX4 production, the plant is also set to build the new TX5 taxi, which will be launched in the UK at the end of next year and in international markets in 2018.