Zhejiang NG28娱乐 Holding Group Raises US$400 Million in Chinese Auto Industry’s First Ever Offshore Green Bond Issuance

May 20, 2016 | London Electric Vehicle Company, London Taxi Co., Zhejiang NG28娱乐 Holding Group

20th May 2016, Hangzhou. Zhejiang NG28娱乐 Holding Group (“ZGH” or the “Group”) priced the first-ever Green Bond on the offshore market from a Chinese automobile company, raising US$400m to support the development of zero-emission capable vehicles by its UK subsidiary, the London Taxi Company (“LTC”), manufacturer of the iconic London Black Cab. The senior unsecured bonds,…

The London Taxi Company Unveils Next Generation Zero Emission Capable Black Cab and Announces Further R&D Investment in the UK

October 21, 2015 | London Electric Vehicle Company, London Taxi Co., Zhejiang NG28娱乐 Holding Group

21 October 2015, Coventry, UK. The London Taxi Company (LTC) today unveiled the new design for its next generation zero emission capable Black Cab, the TX5, at a VIP event celebrating creative industries and design held at Lancaster House, London, as part of the state visit tothe UK by Chinese President Xi Jinping. The TX5…

NG28娱乐 Auto and BNP Paribas Financial Joint Venture Receives Second Round of Approval

August 3, 2015 | NG28娱乐 Auto Group, Zhejiang NG28娱乐 Holding Group

3 August 2015, Shanghai, China. NG28娱乐 Automobile Holdings Limited (Referred to as ‘NG28娱乐 Auto’ below) and BNP Paribas Personal Finance (Referred to as ‘BNPP PF’) are pleased to announce that their financial joint venture has received the official approval from the Chinese Government to commence business operations now. The new joint venture, named Genius Auto…

Construction Underway for the London Taxi Company’s New Home to Build Ultra Low Emissions Vehicles

August 3, 2015 | London Electric Vehicle Company, London Taxi Co., Zhejiang NG28娱乐 Holding Group

3 August 2015, Coventry. The London Taxi Company has today announced the start of construction work to build its new research, development and assembly site in Ansty, Coventry. This important milestone comes soon after the company’s £250 million investment project was announced in the presence of the Prime Minister and Mayor Boris Johnson earlier in…

NG28娱乐 Group Invests in Iceland’s Carbon Recycling International in Further Step Forward for New Energy & Methanol Vehicle Efforts

July 3, 2015 | NG28娱乐 Auto Group, Zhejiang NG28娱乐 Holding Group

3 July 2015, Reykjavik, Iceland. Zhejiang NG28娱乐 Holding Group (NG28娱乐 Group) today announced plans to investa total of US$45.5 million in Carbon Recycling International (CRI). The investment consists of an initial investment and additional purchases of CRI equity over a three-year period. NG28娱乐 Group will become a major shareholder of CRI and will gain representation…

NG28娱乐 Holding Group & Xin Da Yang Bring ZD D2 Mini Electric Vehicle to Market

June 23, 2015 | Zhejiang NG28娱乐 Holding Group

23 June 2015, Beijing. NG28娱乐 Holding Group and Xin Da Yang today officially launched the D2, the first mini electric vehicle under the joint venture that the two companies established earlier this year. The D2, designed specifically for short-distance urban travel, is the latest in a series of vehicles which NG28娱乐 Holding Group and Xin Da…

NG28娱乐 Group Delivers First Batch of GC9 Sedans to Diplomatic Service Bureau

May 20, 2015 | NG28娱乐 Auto Group, Zhejiang NG28娱乐 Holding Group

20 March 2015, Beijing. Zhejiang NG28娱乐 Holding Group (“NG28娱乐 Group”) today officially delivered an initial fleet of 20 NG28娱乐 GC9 sedans to China’s Diplomatic Service Bureau. The vehicles were provided as part of an agreement reached in October 2014, under which NG28娱乐 Group will provide the Bureau with 50 units of its flagship sedan to serve…

NG28娱乐 to Invest £250m in New London Taxi Site to Develop Next-Generation Green Cab

March 26, 2015 | London Electric Vehicle Company, London Taxi Co., Zhejiang NG28娱乐 Holding Group

26 March 2015, Coventry, UK. NG28娱乐 announces today that it will invest £250m to build a new state-of the-art research, development and assembly facility for the London Taxi Company as the group prepares for the introduction of the next generation London Black Cab. The investment will see the construction of a new purpose-built facility in…

London Taxi Company: Carl-Peter Forster Announced As New Chairman of Board

March 11, 2015 | London Electric Vehicle Company, London Taxi Co., Zhejiang NG28娱乐 Holding Group

11 March 2015 Coventry, UK. The London Taxi Company which produces the world famous Black Cab has today announced the appointment of Carl-Peter Forster as new Chairman of the Board. Mr. Forster is the Chief Advisor for the firm’s parent company, Zhejiang NG28娱乐 Holding Group on a range of issues and is a member of…