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Ideanomics’ MEG Group announces delivery of first EV taxi order to Chengdu; Geely to supply 15,000 taxis

Green Car Congress

announced that its MEG Group, through its joint venture with iUnicorn, has finalized its first order of EV Taxis for the city of Chengdu. The EV Taxis are supplied by Geely Auto Group and the financing for the vehicles was provided locally by Sichuan Tianfu Bank Co Ltd. Ideanomics Inc. —Alf Poor, CEO of Ideanomics.

Taxi 191
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Mobility services infrastructure company Via closes Series E round; valued at $2.25B

Green Car Congress

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 billion and will enable Via to advance its vision of efficient, accessible, and equitable public mobility.

Companies 243
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CoBank report suggests self-driving vehicles could easily overwhelm current data center market

Green Car Congress

Holon Investments estimates the global self-driving fleet could reach 400 million by 2035. Las Vegas announced that starting this year, it will allow Lyft and Motional to deploy a limited fleet of self-driving, driverless taxis with a full-fledged commercial launch slated for 2023. Can the Industry Respond?”.

Market 210
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Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

Green Car Congress

Green bonds—the funds from which are exclusively applied to finance new and existing green infrastructure projects—were developed as a new investment channel in 2007, with the first few issuances by multilateral development banks, and have grown rapidly in the global market. million (US$25.4 million (US$67.5-million)

London 170
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MEG expanding heavy-duty electric truck efforts; succsessful testing of mine vehicle

Green Car Congress

Despite heavy investment and some technological advancement, the development of low-emission and efficient diesel engines for heavy industry has proved elusive. Ideanomics is a global Financial Technology (Fintech) company for transformative industries.

Vehicles 170
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German government awarding €50M in subsidies to 31 projects for municipal electromobility; issues fourth funding call

Green Car Congress

As part of the fourth funding call “electromobility”, municipal vehicle fleets—e.g., Procurement of electric vehicles in the taxi industry and car-sharing companies is also being supported. —Andreas Scheuer. waste disposal vehicles and public transport (ÖPNV) such as electric buses—will be promoted.

2017 150
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BluSmart rides out of FY24 with INR 390-crore revenue in the boot – ET Auto

Baua Electric

In December, bike-taxi-focused platform Rapido also expanded into cab services. Unlike its competitors, the company owns or leases all of its fleet of cars and charging stations, and employs drivers who are paid a combination of fixed salaries and performance-based incentives. of Gensol Engineering.

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