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

Green Car Congress

China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chinese automobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Earlier today, Reuters reported that the automaker had ditched its efforts to develop the car and would look instead at developing autonomous taxis on the platform that would have underpinned it. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price.

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How China beat everybody to be international chief in electrical automobiles

Baua Electric

Within the race to shed carbon emissions, international locations from the United States to Untouched Zealand are meting out incentives to spur electric-vehicle gross sales — ways China impaired for years because it became the largest EV marketplace on Earth. million in 2022, greater than part of all international deliveries.

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Study suggests China urban passenger transport emissions could peak in 2030

Green Car Congress

in Greater London, 65% in Hong Kong, and 61% in Tokyo in terms of share of public transport among auto mobility. At the same time, a policy database is established with the quantitative parameters of policies or plans that have been promulgated by the Chinese government (e.g., Natural gas taxis are expected to account for 54% in 2050.

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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP Jonway plans to introduce an electric A280—the “little brother”to the A380 being used as an electric taxi. ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. Click to enlarge. million in cash.

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Better Place, China Southern Grid sign strategic agreement on battery switching; Guangzhou accord to encourage production of EVs with switchable batteries

Green Car Congress

It also calls for the city to promote electric-car adoption in fleet segments including public-sector vehicles and private-sector fleets such as taxis. The companies will develop in phases the joint education center to host government and industry delegations and educate Chinese consumers about the benefits of going electric.

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Study of In-use Vehicle Activity and Emissions in Tianjin, China Yields Fleet and Emissions Profiles, Policy Implications

Green Car Congress

Rapid economic growth, growing mobility, increasing purchasing power, and rising demand for goods have made China one of the fastest growing—and one of the largest—auto markets in the world. Consequently, vehicle emissions have become an increasingly conspicuous contributor to air pollution in Chinese urban areas.

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