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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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The U.S.-China Chip Ban, Explained

Cars That Think

Commerce Department issued new rules that clamped down on the export of certain advanced chips—which have military or AI applications—to Chinese customers. has blocked chip sales to individual Chinese customers. Both chips, intended for datacenters and AI trainers, cannot be sold to Chinese customers under the new rules.

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UQM Technologies forms strategic alliance in China to supply new energy vehicles

Green Car Congress

has signed a memorandum of understanding with a major Chinese company for the development and marketing of UQM electric propulsion systems for New Energy Vehicles (NEV) in China. UQM powers test-fleet vehicles by Audi in Germany, Rolls-Royce and the London Taxi Company in the UK, and previously, Saab vehicles in Sweden.

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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., This study implements three main research contents. (1)

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BMW Group and Vattenfall Europe begin second phase of MINI E fleet test in Berlin

Green Car Congress

The MINI E Fleet trials began in 2009 in the USA (New York, Los Angeles and in the state of New Jersey), UK (Oxford / London) and Germany (Munich and Berlin). In cooperation with the Federal Environment Ministry, BMW AG in China, together with the Society for International Cooperation (GIC) Ltd.

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Mercedes-Benz expanding SUV production capacities in US, bringing in AM General

Green Car Congress

Production capacities at the Mercedes-Benz Tuscaloosa plant (Mercedes-Benz US International – MBUSI), which will be gradually be released in this process, will then be used for the M-Class, the GL-Class and the new GLE Coupé due in summer. The Mercedes-Benz R-Class has been offered exclusively in China since 2013.

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China’s EV battery sector is making ready a unused leap forward

Baua Electric

It additionally displays how Chinese language firms proceed to pioneer the ones advances. Gotion has been ramping up in a foreign country expansions, from making plans a battery plant in Michigan to elevating an international depositary receipts providing in Switzerland utmost past.