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China’s leading mobile taxi booking app secures $600M from SoftBank Group, Alibaba Group and Tiger Global

Green Car Congress

the operator and developer of KuaiDi Dache, a leading mobile taxi booking app provider in China, SoftBank Internet and Media, Inc. Launched in 2012, KuaiDi Dache has grown to become one of the leading and most widely used mobile taxi booking app providers in China. Travice Inc.,

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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

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Volkswagen Group and on-demand mobility partner Gett launch first joint initiative: attractive vehicle packages in Moscow

Green Car Congress

The Volkswagen Group and global mobility provider Gett announced their strategic partnership in May this year. A survey conducted among Gett drivers who own their taxis pinpointed drivers’ specific requirements and vehicle preferences, to ensure maximum value to Gett’s driver-partners. Earlier post.)

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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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VW Group strategy calls for >30 new BEVs by 2025 with annual EV sales of 2-3M units; mobility services

Green Car Congress

Volkswagen Group CEO Matthias Müller presented the company’s new new strategic plan—TOGETHER - Strategy 2025—in Wolfsburg. The Group is planning a broad-based initiative in this area: it intends to launch more than 30 purely battery-powered electric vehicles (BEVs) over the next ten years. —Matthias Müller.

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Ride-sharer Grab to invest $700M in “Grab 4 Indonesia” 2020 master plan

Green Car Congress

Grab will start the “Grab 4 Indonesia” social impact investment fund to finance companies focused on deepening financial inclusion across all cities and income levels in Indonesia. Expand access to mobile payments and financing opportunities. Invest in technopreneurship for social good.

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China’s EV Subsidy

Revenge of the Electric Car

Journal article: China to Subsidize Electric Cars. China to Subsidize Electric Cars. BEIJING—China will subsidize buyers of battery-powered cars and plug-in hybrids under a pilot program aimed at keeping the country competitive in the global race to develop an electric-vehicle industry, but which also risks a public backlash.

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