The Nissan NV200 was designed specifically for use as a taxi in New York City and it has now been officially selected for New York’s future taxi fleet. Nissan touts the NV200 as the safest taxi ever built, with the most passenger room ever.

Mayor Michael Bloomberg and the city’s Taxi and Limousine Commission made the announcement, adding “Although the city has long set standards for our taxis, we have never before worked with the auto industry to design a taxicab especially for New York City — that is, until now.”

As part of the deal, Nissan received a 10-year contract to produce the official vehicle for all 13,000 yellow cabs in New York City. The deal is worth an estimated $1 billion for the auto manufacturer, which will become the official supplier after a rather lax time for the Taxi and Limousine Commission, which has allowed 16 simultaneous operational models in the past few years.