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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. Tesla’s stock, which is more important than the cars for some people, tumbled 3 percent on the Reuters report.

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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. Together with plug-in hybrids, China’s clean-car gross sales clash 5.67

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Study suggests China urban passenger transport emissions could peak in 2030

Green Car Congress

Considering that residents from different size cities always perform different travel patterns such as travel frequency, travel mode, and travel distance, hence, the Chinese cities are first classified according to the population size, and then the passenger traffic volume of each travel mode is predicted by city. (2)

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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

Zhejiang Geely Holding Group set a new export sales record in December with 11,000 cars being exported during the month, which also helped the company increase its export sales over the course of 2012 by 164%. Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia.

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BYD and Hertz partnering on EV rentals in China

Green Car Congress

BYD and The Hertz Corporation, the world’s largest general use car rental brand, announced a strategic partnership to promote new energy applications to propel the development of the EV markets in China. As part of the partnership, Hertz will rent BYD’s e6 electrical vehicle (EV) to Chinese consumers, municipalities and government agencies.

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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

The agreement, which focuses on joint electric car and infrastructure projects in CSG’s service areas, will further advance electric cars with switchable batteries in China. 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.

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