London Black Cabs just raised $400 million to electrify its taxi fleets
Geely, an important Chinese automotive company behind London’s iconic black cabs, announced having raised $400 million through a green bond sale with the goal to electrify its taxi fleets (via Bloomberg). The money will go toward the development of the plug-in hybrid version of the classic 1958 FX4 black cab, now renamed TX5.
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