Shenzhen to introduce China’s first electric taxis
SCMP: Last week Shenzhen became the first Chinese city to put all-electric taxis into operation. The city officially launched 30 BYD battery-powered cabs manufactured in China. By 2012, the city government hopes the number of electric or hybrid vehicles on its streets will swell to 24,000 – including 2,500 electric taxis and 4,000 electric or hybrid buses. Although 3x more expensive than a petrol taxi, electric taxis’ running costs are 60% lower and the govt is subsidizing their introduction. (subscription only) A government official said electric cars can improve energy security, reduce dependence on foreign oil and develop an export market of EVs. (subscription only)
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