The Nissan NV200 may retain the color and bulky presence of the famous London Hackney Carriage, but there are notable changes: round headlamps, an LED light to improve visibility of the traditional taxi sign, and a 1.6 litre petrol-engine replacing the previous model's diesel.
(Read more: Would you pay $75 to sleep inside a London cab?)
Nissan first launched the NV200 in August 2012, but since then it has modified the vehicle after feedback from the London Mayor's office, Transport for London (TFL) and other organizations. Nissan said that they re-modelled the front grille of the original NV200 to give it a traditional back cab "face."
The new taxi, which will be built in Barcelona, will be launched in December 2014 and Nissan will introduce a zero emission electric version of the taxi in 2015. Nissan's London cab is part of the automaker's global taxi program which includes the cities of New York, Barcelona and Tokyo.
According to TFL, there are currently 25,597 licensed cab drivers in the capital and 22,708 licensed vehicles. The London Taxi Company currently produces the most number of vehicles in service, with its TX1, TX2 and TX4 models comprising just over 20,000 of all London black cabs.
(Read more: Black Christmas as London runs out of cabs)