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Ideanomics’ MEG Group announces delivery of first EV taxi order to Chengdu; Geely to supply 15,000 taxis

Green Car Congress

announced that its MEG Group, through its joint venture with iUnicorn, has finalized its first order of EV Taxis for the city of Chengdu. The EV Taxis are supplied by Geely Auto Group and the financing for the vehicles was provided locally by Sichuan Tianfu Bank Co Ltd. Ideanomics Inc. —Alf Poor, CEO of Ideanomics.

Taxi 191
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Following the Money in the Air-Taxi Craze

Cars That Think

Having raked in perhaps 30 percent of all the money invested in electrically-powered vertical takeoff and landing (eVTOL) aircraft so far, Joby is the colossus in an emerging class of startups working on these radical, battery-powered commercial flyers. But if I put batteries in those Rolls Royces, would you think I was any less crazy?”

Taxi 98
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MEG expanding heavy-duty electric truck efforts; succsessful testing of mine vehicle

Green Car Congress

MEG, in conjunction with leading battery technology partners, and other associated MEG partners, has recently invested significant time in the heavy truck category, resulting in successful testing of the EV concept in a number of mines.

Vehicles 170
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German government awarding €50M in subsidies to 31 projects for municipal electromobility; issues fourth funding call

Green Car Congress

Andreas Scheuer, German Federal Minister of Transport and Digital Infrastructure, announced the award of around €50 million (US$58 million) in funding for 31 municipal electric mobility projects under the “Clean Air 2017-2020 emergency program”. As part of the fourth funding call “electromobility”, municipal vehicle fleets—e.g.,

2017 150
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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

Battery-electric (BEVs) will outsell. New Energy Vehicle (NEV) Industry Development Plan (2011-2020), announced in June 2010, is targeting a domestic production capability of 1 million NEVs (with PEVs accounting for 50%) during the period of 2011 to 2015 and 5 million NEV unit sales by 2020. China’s Energy Saving and.

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

Electric Vehicles India

Earlier in 2019, the study showed that in 2019, electric vehicles powered by batteries were not yet cost competitive when compared to gasoline, diesel, or compressed natural gas (CNG) vehicles. Under the national FAME II scheme as of October 2020, the total number of four-wheeler electric vehicle sales shares in India is. 39% in Delhi.

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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

Green Car Congress

PRTM projects that the global EV value chain will likely be greater than US$250 billion by 2020. This is largely due to China’s strength in batteries and motors. The study estimates that global sales of plug-in vehicle will likely constitute 10% of new vehicle sales by 2020. Click to enlarge. Integrated Charging Solutions.

China 199