Japanese carmaker Nissan on Monday unveiled its version of London's iconic black taxi, a market dominated by Chinese firm Geely.
The petrol-engine taxi will be launched in December, Nissan said in a statement.
The company enters the market as the original maker of London's famous black cabs finds a new life. Chinese auto manufacturer Zhejiang Geely Holding Group in 2013 rescued from bankruptcy what is now known as London Taxi Co.
"The NV200 cab for London is part of Nissan's global taxi programme, which also encompasses New York, Barcelona and Tokyo. The London version's design is bespoke, reflecting the rich heritage and status of London's black cabs," the company said.
The vehicle will be produced at Nissan's existing plant in Barcelona and modifications added in Britain, home to the company's huge Sunderland plant.
"There will be some additional jobs, but we don't have details yet and we have yet to decide on where the work will be done," said Andy Palmer, chief planning officer for Nissan.
Beyond Geely, Nissan's entry into the market also faces competition from Daimler's Mercedes-Benz.
Nissans new interpretation of the London taxi, which the company hopes will become a replacement for the Iconic 'Black Cab'. (AFP)