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Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

Green Car Congress

The plug-in hybrid TX5 London Cab will be launched in the UK at the end of 2017 and in international markets in 2018. In January 2016, a consortium led by the London Taxi Company was awarded an Advanced Propulsion Centre (APC) grant of £17.5 million (US$25.4 million (US$67.5-million) Zhejiang Geely Holding Group Ltd.

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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

Green Car Congress

million gas-fueled motorcycles and tricycles are currently operating in the Philippines, typically serving as short-distance taxis, with the average tricycle driver earning less than $10 a day. The project will run for five years, with an estimated completion date of December 2017. million.

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German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

Green Car Congress

The Federal and state governments also expect the manufacturers to use self-financed competitive measures to provide incentives for the change of pre-Euro-5 diesel vehicles to vehicles with the latest exhaust gas aftertreatment or electric vehicles. To this end, the German manufacturers will submit a concept by October 2017.

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UK unveils new plan to cut NO2; sale of new conventional gasoline and diesel cars to end by 2040; focus on local action

Green Car Congress

In April 2017, the UK Government published its Cycling and Walking Investment Strategy which identifies £1.2 This includes investing nearly £100m in the UK’s charging infrastructure and funding the Plug In Car and Plug In Van Grant Schemes. 11M – Air Quality Grant. . £1.2B – Cycling and walking. 100M – National road network.

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