'Turning point': Sherbet raises £40m to expand electric black taxi fleet

Stuart Stone
clock • 2 min read
Sherbet CEO Asher Moses - Credit: Sherbet
Image:

Sherbet CEO Asher Moses - Credit: Sherbet

Funding from Hoplon Investment Partners said to be largest-ever investment in London taxi industry

Electric black taxi company Sherbet has raised in the region of £40m funding from European private equity firm Hoplon Investment Partners, in what the pair claim is the largest single investment in the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

Government warned energy efficiency funding cuts would threaten fuel poverty and climate targets

How EcoMossUK is using waste plants and pallets to make capture carbon 'tangible'

More on Automotive

SMMT: Used electric car market grows 44 per cent
Automotive

SMMT: Used electric car market grows 44 per cent

But trade body warns proposed cuts to employee car ownerships schemes could 'stifle' supply of good quality used electric cars

Amber Rolt
clock 10 November 2025 • 3 min read
'A tireless campaigner for EVs': Tributes paid to motoring journalist Quentin Willson
Automotive

'A tireless campaigner for EVs': Tributes paid to motoring journalist Quentin Willson

The former Top Gear presenter and passionate advocate for EVs has died aged 68

Michael Holder
Michael Holder
clock 10 November 2025 • 6 min read
'The direction of travel is unmistakable': EVs account for over a quarter of new car sales
Automotive

'The direction of travel is unmistakable': EVs account for over a quarter of new car sales

Battery electric vehicles made up 26 per cent of all new car registrations in October, while plug-in hybrids' market share grew to 12 per cent

Stuart Stone
Stuart Stone
clock 05 November 2025 • 4 min read