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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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Via Motors, Geely to co-develop medium-duty extended-range electric truck for China and Americas

Green Car Congress

I believe that range-extended hybrid drive systems are a leading technology for the next 5-10 years and the co-developed truck will utilize proven technology such as a Volvo engine for the range extender. of Volvo AB—the home of Volvo Trucks. ZGH also recently announced acquisition of 8.2% Earlier post.).

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London's black cabs go plug-in hybrid; maker Geely issues bonds to fund work

Green Car Reports

The project to build plug-in hybrid versions of the iconic London black cab is about to receive a significant new dose of funding. The company that makes the cabs, London Taxi Company (LTC), is now owned by the Chinese carmaker Geely. That company—which also owns Volvo—has already provided cash and design input.

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Record number of EV chargers installed in the UK last quarter

Baua Electric

Electrek’s Take The all-electric TX Black Cab: Credit: LEVC More than half of the more than 15,000 famous London “black cabs” are now electrified ( effectively EVs with range-extending ICEs on board ), with the majority of London’s largest taxi and minicab services committed to operating fully electrified fleets by 2025.

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Geely launches Lynk & Co; a new electrified and connected global car brand

Green Car Congress

—Mats Fägerhag, CEO of CEVT (China Euro Vehicle Technology) Geely/Volvo R&D center. The vehicle will be based on the Compact Modular Architecture (CMA), shared with Volvo. Geely Auto Group is a subsidiary of Zhejiang Geely Holding Group—the owner of Volvo Cars and London Taxi Company.

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China’s Geely reveals new electric Radar ute

EV Central

There is a chance the Radar could come to Australia given Geely is already represented here by Volvo and Polestar and will at least add Lynk & Co by 2025. After the covers come off next week and some more details are hopefully revealed, it will go on-sale in China later this year. 2022 Geely Radar EV ute. 2022 Geely Radar EV ute.

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London Taxi opens £300M plant for range-extended EV taxis; announces second model, an LCV

Green Car Congress

The London Taxi Company (LTC) officially opened the UK’s first car plant dedicated solely to the production of range-extended electric vehicles. The new vehicle plant in Ansty, Coventry, will build the world’s first purpose-built, mass-market electric taxi. Geely also owns Volvo Cars.).

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