London Taxi Company Secures $400m To Develop TX5 Plug-in Hybrid Black Cab

China’s Geely has raised $400 million to develop a plug-in hybrid version of the iconic London Black Cab called TX5. Zhejiang Geely Holding Group Co. (ZGH), owner of the the London Taxi Company (LTC) that makes London’s iconic black cabs, secured $400 million through a green bond sale. ZGH is investing GBP300m in LTC’s new […]