Michael Bloomberg wants 1 million electric cabs for the top 40 cities in the world

New York City Mayor Michael Bloomberg vows to promote the use of electric taxis as he takes over the leadership of the C40 a global coalition of 40 major cities.

The billionaire mayor urged delegates at the C40 conference in Hong Kong to wield the power of its large collective population, which accounts for about 1 in 12 people in the world. (about 570 million people). C40 is a coalition of 40 cities. It was founded in 2005 with the aim of reducing carbon emissions. Nineteen other cities are affiliate members.

The 19 of the C40 cities where statistics were available are home to more than 20 million cars and 25 member city governments represented in the coalition have oversight of taxi fleets controlling more than 1 million cabs.

Shenzhen plans to have 35,000 electric cars within three years

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