Geely to Turn London Black Cab Maker Into High-Volume All-Electric Brand, Reuters Reports
January 23 2023 - 3:53AM
Dow Jones News
--Geely is planning to invest an undisclosed amount in turning
the producer of London's black cabs into a high-volume all-electric
brand, Reuters reports, citing executives.
--The London Electric Vehicle Company--which builds a hybrid
taxi model--will expand its services suite and offer a range of
commercial and passenger vehicles, executives told Reuters.
--China's Geely will attract other investors to its
zero-emission portfolio, and aims to partner with other auto makers
to develop new technology, Reuters reports.
Full story: https://reut.rs/3ZWbKXG
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
January 23, 2023 04:38 ET (09:38 GMT)
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