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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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China Ministry of Transport targeting 300,000 new energy vehicles on roads by 2020

Green Car Congress

Xinhua reports that the Chinese Ministry of Transport (MOT) is targeting 300,000 new energy vehicles on China’s roads by 2020: 200,000 new energy buses and 100,000 new energy taxis and city logistics delivery vehicles.

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2020 Electric Vehicle Industry Report Card and trends for the new year

Plug In India

We expect the Indian EV Industry to increase their localization efforts in 2021 with stricter rules in FAME 3 guidelines. Evoke motorcycles is a Chinese OEM who has setup factories and operations in India. Startups like like EEE Taxi, Lithium Urban Technologies, Ryde have recorded a drop in business in 2020.

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

In the past the auto industry has responded to incentives and guidelines set by government agencies and reengineered their product to meet this requirement. An application of this concept for taxi cabs in China chose the shorter-electric-range PHEVs with overhead-charging systems because of battery costs can be minimized [ 15 ].

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