Billionaire Slim eyeing electric taxi to reduce pollution in Mexico CityGiant Motors, an automaker partially owned by Mexican billionaire Carlos Slim, is working on a prototype electric taxi to replace the gas-guzzling cabs polluting Mexico City's air, a company executive said. A JAC Motors logo is pictured in Mexico City, Mexico, May 24, 2017. Air quality in Mexico City, home to an estimated 5.4 million vehicles, has been particularly poor in recent weeks. "The peculiar challenge with taxis in Mexico City is that they often ride around with no passenger, looking for a fare," said Massri. Slim's Grupo Financiero Inbursa (GFINBURO.MX) has a 50 percent stake in Giant Motors.

Source: VietNamNet News May 25, 2017 22:18 UTC