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Chinese cities adopt taxi VaaS, drives EV adoption in troubled market

Chinese EV manufactures have had a tough month after the central government’s subsidy programme was overhauled, leaving them searching for support from their regional provinces as the central administration gets tough on the industry. They are hoping that bulk orders from local government should keep sector growth moving. Recently, the City of Beijing council announce plans to replace its entire taxi fleet with electric vehicles (EVs), by 2022. Beijing’s 70,000-strong fleet of taxis, is currently made up of gasoline and diesel fuelled vehicles, with running costs and air pollution concerns at the fore. As the auto industry moves towards vehicles-as-a-service (VaaS), these kinds of fleet-scale deals are going to become more commonplace, and China looks to be leading this trend…

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