london black cab

If you’re in London and looking to hail one of its legendary black taxis, there’s a good chance you’ll get an emissions-free ride. Half of London’s fleet of 15,000 black cabs are now electric vehicles. And starting next year, you can Uber one too – a huge coup for a company once banned in London and loathed by taxi drivers all the world.

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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