ADB to provide loan for e-trikes

The Asian Development Bank (ADB) is ready to provide a loan package worth up to US$500 million for developing an electric tricycle (e-trike) system in three to five years.
February 2, 2012 Read time: 1 min
The 2128 Asian Development Bank (ADB) is ready to provide a loan package worth up to US$500 million for developing an electric tricycle (e-trike) system in three to five years. The e-trikes project, which will be capable of supporting between 20,000 and 100,000 tricycles, will be carried out in Mandaluyong city, Philippines. The vehicles are capable of travelling up to 100km, using a six-kilowatt-hour battery. ADB says it is planning to carry out similar projects in other countries that are interested in having such public electric transport systems.

For more information on companies in this article

Related Content

  • Four finalists for Detroit's Sustainable Cities Challenge
    June 25, 2025
    Ideas seek to improve efficiency of freight operations in Eastern Market area
    Read More
  • GE Energy forges charger agreement with Coda Automotive
    March 23, 2012
    GE Energy Industrial Solutions has finalised an automotive original equipment manufacturer (OEM) agreement for the sale and distribution of the GE WattStation wall mount electric vehicle (EV) charging station with EV manufacturer, Coda Automotive.
    Read More
  • Birmingham CAZ is green for go
    July 26, 2021
    For urban authorities worldwide, the health of residents is racing up the political agenda. Ben Spencer looks at how one city - Birmingham, UK - has established its own Clean Air Zone and is investing in alternative-fuel vehicles and public transport incentives
    Read More
  • Orange details electric car’s round-world trip
    October 24, 2012
    Orange is showing off a Citroen C-Zero electric car that has completed the first round-the-world trip by a battery-powered car. The car took eight months, travelled 25,000km through 17 countries and consumed just €250 ($325) of electricity. Orange said the object was to show that a standard electric vehicle could cope with such a trip. Orange outfitted it with its M2M fleet management system, which enabled the company to track the vehicle and monitor its condition at all times. Data received from the M2M
    Read More

Highlighted Content