Date
18 October 2017

BYD misses out on London taxi contract, website says

London’s second largest taxi company, Green Tomato Cars (GTC), has withdrawn from a deal with Chinese electric vehicle maker BYD Co. Ltd. (01211.HK, 002594.CN) to launch the city’s first pure electric taxi fleet, government-backed China.org.cn reported Tuesday, citing the British company. GTC did not reveal why the deal fell through but said it is testing Hyundai fuel cell vehicles, the report said. BYD has contacted other parties to launch its e6 pure electric cars with other taxi companies in London, He Yipeng, BYD’s European division manager, was quoted as saying.

– Contact HKEJ at digest@ejinsight.com

MY/AC/RA

 

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