Remove Automobile Remove Grant Remove Manufacturer Remove Taxi
article thumbnail

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.

London 170
article thumbnail

EU should target 1M EV public chargers by 2024, 3M by 2029 say carmakers, environmentalists and consumer groups

Green Car Congress

It would also grant much needed certainty to the automotive industry and to grid operators, re-charging infrastructure operators and transport companies as well. The proposal would also aid the creation of one million jobs across the continent and help the EU meet its climate goals, according to the groups.

Re-Charge 301
article thumbnail

NEVS and DiDi partner up for future mobility; EV optimized for DiDi services

Green Car Congress

NEVS was founded in 2012 and acquired the main assets of the Saab Automobile bankruptcy estates. In January 2017, the Chinese government approved NEVS’ application to start production of electric vehicles in its manufacturing plant in Tianjin. The company has been mainly owned by NME Holdings Ltd.,

Future 170
article thumbnail

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.

Diesel 150
article thumbnail

NYC Goes EV

Revenge of the Electric Car

The Chevrolet Volt and the Nissan Leaf will lead the way, with others manufacturers including Ford, Mitsubishi, Toyota, and Tesla planning to introduce their electric cars sometime between 2011 and 2012. Last week, the Obama administration announced new fuel economy standards for automobiles that provides some incentives for electric cars.

article thumbnail

Ricardo licenses Qualcomm wireless EV charging technology for commercialization

Green Car Congress

Under the terms of the agreement, Qualcomm has granted to Ricardo a royalty-bearing technology license to develop, make and supply WEVC systems for automobile manufacturers. Earlier post.). Qualcomm subsidiaries will provide technical expertise and engineering support.

article thumbnail

Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Then Mr. Wang, as he’s known, got into the automobile business by buying a failing state-owned carmaker. The Shenzhen manufacturing region, where the company is headquartered, is known for cheap unskilled labor, but BYD’s competitive advantage derives from its cheap skilled labor.

Chinese 28