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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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Mercedes Vito All-Electric Taxi Prototype Launches in London

Green Car Congress

Eco City Vehicles PLC (ECV), a developer and supplier of eco-friendly commercial vehicles and the London licensed taxi, launched an all-electric prototype of the London-licensed Mercedes Vito taxi, developed by a consortium of companies including ECV’s manufacturing partner Penso, Mercedes Benz UK and Zytek Automotive.

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Record number of EV chargers installed in the UK last quarter

Baua Electric

This is thanks, in part, to local governments gradually taking advantage of central government grants to put more EV chargers in the ground. “I Let that serve as your gentle reminder that EV sales are down, except at Ford , Cadillac, GMC, Kia, Hyundai, Toyota, Nissan, Honda, Acura, Volvo , Chrysler , etc. …

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UK unveils new plan to cut NO2; sale of new conventional gasoline and diesel cars to end by 2040; focus on local action

Green Car Congress

Among the many policy and funding details in the UK Plan for Tackling Roadside Nitrogen Dioxide Concentrations , produced by Defra and the Department for Transport is the cessation of the sale of all new conventional gasoline and diesel cars by 2040. 11M – Air Quality Grant. Source: UK plan for tackling roadside NO 2. Click to enlarge.

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