Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy
Green Car Congress
JULY 8, 2015
Methanol-powered vehicles are one pillar of Geely Auto’s diversified new-energy strategy, which also encompasses ethanol, CNG, gasoline-electric hybrid, plug-in hybrid, pure-electric, and extended-range solutions. Its first commercial-scale production plant obtains carbon dioxide from gas emissions from a geothermal power plant and hydrogen via electrolysis of water using renewable sources of energy from the Icelandic power grid (from hydro, geothermal and wind sources).