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Air Liquide, Idex, STEP, Toyota create HysetCo to promote development of hydrogen mobility in Paris region; 600 Hype H2 taxis by the end of 2020

Green Car Congress

Air Liquide, Idex, Société du Taxi Électrique Parisien (STEP), and Toyota are teaming up through a joint-venture called HysetCo, the first company devoted to the development of hydrogen mobility in the Paris region. Toyota will deliver an additional 500 Mirais by the end of 2020, which will complete the existing fleet of 100 Hype vehicles.

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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)

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Shanghai GM Aims to Reduce Fuel Consumption 15%, Improve Performance 14% by 2015; New Engines, Prototype New Sail Electric Vehicle

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Shanghai GM has outlined the next phase of its “Drive to Green” product strategy—launched in 2008 ( earlier post )—for 2011-2015. The joint venture between GM and SAIC intends to reduce fuel consumption and CO 2 emissions by 15% while improving performance 14% by 2015. Several targets announced in 2008 have already been achieved.

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Transport for London package of measures to tackle pollution levels at the busiest roads in central London; Dust suppressants and Eco-marshals

Green Car Congress

The new targeted clean-up measures, which could reduce local pollution levels of PM 10 by 10-20% where applied, are financed from a Clean Air Fund secured by the Mayor and TfL from the Department for Transport (DfT). The eco-marshals are existing TfL staff on secondment, two of whom are licensed London taxi drivers.

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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

Green Car Congress

However, according to a new report from Pike Research, PEV production will fall well short of the government’s ambitious goals of manufacturing 500,000 PEVs a year by 2015. The HEV cars were sold mostly to individual consumers while PHEVs were sold to taxi fleets in Shenzhen and Beijing, as well as to some. BEV/PHEV cars that were.

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VW Group strategy calls for >30 new BEVs by 2025 with annual EV sales of 2-3M units; mobility services

Green Car Congress

Other services such as robo-taxis, carsharing and transport on-demand will then be grouped around this nucleus. To ensure they can be financed, operational excellence is to be increased significantly across all divisions and functions. For the Group’s operating return on sales, which in 2015 stood at 6.0% Earlier post.).

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