The London Taxi Company has raised $400 million for electrification of its fleet. Zhejiang Geely Holding Group, the Chinese owner of the company known for its black cabs, raised the funds through a green bond sale. The funds will go toward the development of the TX5 range-extended electric taxi. Geely will produce the cabs – which will be available in time for London's new zero-emissions requirements – in Coventry, England. While London has some 23,000 cabs on its streets today, Geely claims its facility has the capacity to produce 36,000 EV cabs per year. As such, the automaker says it is working on deals to provide taxis to other European cities. Read more from Bloomberg.
The 2016 American Solar Challenge (ASC) takes place from July 30 to August 6. Four stages take teams of college students and their solar cars more than 1,800 miles through seven states from Ohio to South Dakota. The American Solar Energy Society (ASES) has joined forces with the University of Michigan's Solar Car team by helping to raise money for the race. Learn more at the ASC website or in the campaign letter from ASES below.
You can help bring this future into the present. Support the American Solar Challenge (ASC) - a competition for college and university teams from around the world to design, build, and race human-sized cars that are fully solar powered.
The University of Michigan Solar Car Race Team has asked ASES to help raise money so the UM team can compete in the 2016 race. Starting July 30 in Brecksville, OH, the race will travel over 1800 miles through 7 states, ending in Hot Springs, SD.
The ASC helps students put their classroom learning into practice. They must form interdisciplinary teams to create vehicles that can operate in real-world weather and road conditions. These extraordinary students are the engineers and problem-solvers of the future; after graduation, many of them will obtain jobs in automotive, solar, high-tech and other industries, with some great practical experience behind them.
Please help! You can donate here. This joint fundraising effort is a first for ASES. We hope it will serve as a pilot project, to be expanded for the next ASC in 2018.
More information at these links:
This year's ASC race - route and schedule - if you live near the route, come out to watch the race, or see all the team's cars at the checkpoints and stage stops!
The history of the ASC Participating teams in 2016
U Michigan Solar Car websites: http://www.solarcar.engin.umich.edu/ and https://www.facebook.com/umsolar/