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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

In late April 2015, Geely Auto deployed a first-of-its-kind fleet of 150 methanol-fueled taxis in the southern Chinese city of Guiyang in cooperation with the municipal government. Methanol can be produced from a range of renewable sources and fossil-fuel based feed-stocks; in practice methanol is mainly produced in coal-rich China from coal.

Renewable 150
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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

Green Car Congress

Driven by four global megatrends—reducing CO 2 emissions, oil concerns, growing congestion, and rapid technology advances—countries worldwide are focusing strongly on vehicle electrification. PRTM projects that the global EV value chain will likely be greater than US$250 billion by 2020. Click to enlarge.

China 199