China's Geely, owner of London Black Cabs, raises $400m via green bonds to electrify fleet

China's Geely, owner of London Black Cabs, raises $400m via green bonds to electrify fleet

A taxi driver is reflected in a side mirror as he uses the Didi Chuxing car-hailing application in Beijing, China, September 22, 2015. REUTERS/Jason Lee

Just days after London’s new mayor revealed plans to clamp down on the city’s toxic smog, the Chinese owner of the London Taxi Co. raised $400 million for a project to electrify its fleet of iconic black cabs.

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