A consortium, involving Mercedes-Benz UK and Zytek Automotive Technology will utilize Valence’s energy system to develop a tailpipe-free taxi, designed to fulfill the zero pollution vision of London mayor Boris Johnson.

The goal of the consortium is to deliver a pollution-free fleet of taxis in time for the 2012 London Olympic Games, the company added.

The Mercedes eVito Taxi will feature a 35kWh Valence Technology lithium iron magnesium phosphate battery system and a 70kW Zytek electric drive train.

For taxi use, the top speed of 75 miles per hour may be reduced and regenerative braking optimized, increasing the projected range beyond 120 miles.

Road testing will begin immediately to customize the vehicle for specific London taxi driving requirements.

Robert Kanode, president and CEO of Valence Technology, said: ”Valence has been transporting Londoners for over 4 years in double deck hybrid buses.

”The eVito Taxi is a logical next step for the city, and Valence is ready to immediately fulfill Mercedes’ high volume energy storage needs with our proven, safe lithium phosphate technology.”