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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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How China beat everybody to be international chief in electrical automobiles

Baua Electric

Within the race to shed carbon emissions, international locations from the United States to Untouched Zealand are meting out incentives to spur electric-vehicle gross sales — ways China impaired for years because it became the largest EV marketplace on Earth. million in 2022, greater than part of all international deliveries.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Earlier today, Reuters reported that the automaker had ditched its efforts to develop the car and would look instead at developing autonomous taxis on the platform that would have underpinned it. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price.

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Study suggests China urban passenger transport emissions could peak in 2030

Green Car Congress

Considering that residents from different size cities always perform different travel patterns such as travel frequency, travel mode, and travel distance, hence, the Chinese cities are first classified according to the population size, and then the passenger traffic volume of each travel mode is predicted by city. (2)

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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

According to figures released by the China Association of Automobile Manufacturers (CAAM), in the first eleven months of 2012 Chinese self-developed brands exported 470,000 passenger vehicles in total—with automotive manufacturers on average showing a 30% sales increase over 2011 figures.

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UQM Technologies forms strategic alliance in China to supply new energy vehicles

Green Car Congress

has signed a memorandum of understanding with a major Chinese company for the development and marketing of UQM electric propulsion systems for New Energy Vehicles (NEV) in China. UQM powers test-fleet vehicles by Audi in Germany, Rolls-Royce and the London Taxi Company in the UK, and previously, Saab vehicles in Sweden.

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BYD and Hertz partnering on EV rentals in China

Green Car Congress

As part of the partnership, Hertz will rent BYD’s e6 electrical vehicle (EV) to Chinese consumers, municipalities and government agencies. The core technology of BYD’s e6 is BYD’s internally developed lithium iron-phosphate (FE) battery technology. million yuan ($43 million), based on Chinese accounting standards.

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