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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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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

Green Car Congress

PEV Sales in China by segment: 2012-2017. However, according to a new report from Pike Research, PEV production will fall well short of the government’s ambitious goals of manufacturing 500,000 PEVs a year by 2015. Source: Pike Research. Click to enlarge. and buses accounting for 27.6% (or more than 2,000 units). Market development.

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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

German auto manufacturers will optimize the emissions systems in 5.3 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.

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India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

The government of India has introduced the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles FAME India Scheme under which the incentive program is offered to various vehicle segments even to the ride-hailing fleets. For Bangalore, it was approved in 2017 and will operate and valid till 2023. FAME India Scheme.

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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

Another element in the plan includes possible civil and criminal charges against manufacturers implementing emissions defeat devices, with fines of up to £50,000 (US$65,000) per instance. In April 2017, the UK Government published its Cycling and Walking Investment Strategy which identifies £1.2 billion (US$3.5 Breakdown of the £2.7

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Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

As people have seen the EV adoption rate globally is under pressure and a lot of other auto manufacturers are pulling back on EVs and pursuing plugin hybrids instead. for $299 a month, and offering attractive financing options in certain markets. The next question is about the robo taxi unveil. Martin Viecha: Thank you.

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