article thumbnail

Report: Battery swapping might still boom, for taxis or ride-hailing

Green Car Reports

Despite numerous challenges, EV battery swapping may still have a future, albeit with taxis and ride-hailing services rather than private passenger cars, according to a pair of recent reports from Bloomberg New Energy Finance.

Taxi 173
article thumbnail

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
article thumbnail

DiDi partners with SoftBank in Japan for platform services for taxi industry, launches open new energy car-sharing platform

Green Car Congress

have established a partnership to provide platform services for the taxi industry. The partnership will utilize DiDi’s advanced AI technologies to build ride-hailing platforms to enhance efficiency for both taxi operators and drivers. In 2017, taxi drivers completed 1.1 In 2017, taxi drivers completed 1.1

Taxi 186
article thumbnail

Hyundai & Grab Want To Accelerate EV Adoption In Southeast Asia

CleanTechnica EVs

Hyundai and Grab, which provides taxis and rental cars in markets in Southeast Asia, are in the mood to electrify. The two companies plan to also push battery-as-a-service and EV financing forward. Down in Southeast Asia, the duo are partnering to offer more electric cars as rentals. But that’s not all!

Asia 141
article thumbnail

Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

Green Car Congress

In addition to a new light-weight aluminium body structure and composite paneling, the TX5 benefits from a range-extended battery-electric vehicle system. In January 2016, a consortium led by the London Taxi Company was awarded an Advanced Propulsion Centre (APC) grant of £17.5 million (US$25.4 million (US$67.5-million)

London 170
article thumbnail

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
article thumbnail

Firefly & Hyundai Motor America create pilot program to offer rideshare fleets & drivers new vehicles with bonus income up to $3,600/year

Green Car Congress

With opportunities for drivers to earn additional income upon purchasing a new vehicle by having Firefly’s smart display screen technology integrated onto and inside each vehicle, Hyundai Drive by Firefly could help cover monthly car lease/financing costs for qualified drivers and fleets for the duration of the program.

Hyundai 170