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

  • Asian high speed rail link tender expected late 2014
    July 29, 2013
    Officially launched in February 2013, tenders for the high-speed rail link project between Kuala Lumpur and Singapore will be received towards the end of 2014, Mohd Nur Kamal, the CEO of Malaysia's Land Public Transport Commission (SPAD) has announced. Although the two governments continue to work on technical details and feasibility studies, various parties have already voiced an interest. The railway, which will connect the two countries at speeds exceeding 300 km/h, will reduce the journey time between t
    Read More
  • New York to pilot cordon-based congestion charging
    March 16, 2012
    From 2009, if all goes to plan, New York will run a three-year cordon-based congestion charging pilot - the first in the US. Upon accession, US Secretary of Transportation Mary Peters signalled her intention to continue her predecessor Norman Mineta's initiative to specifically target road congestion. And, with initiatives such as the US Department of Transportation's (USDOT's) Urban Partnership Program actively promoting tolling as a part of a compound solution to the problem, the way was opened for the co
    Read More
  • New York to pilot cordon-based congestion charging
    March 16, 2012
    From 2009, if all goes to plan, New York will run a three-year cordon-based congestion charging pilot - the first in the US. Upon accession, US Secretary of Transportation Mary Peters signalled her intention to continue her predecessor Norman Mineta's initiative to specifically target road congestion. And, with initiatives such as the US Department of Transportation's (USDOT's) Urban Partnership Program actively promoting tolling as a part of a compound solution to the problem, the way was opened for the co
    Read More
  • Enforcement comes in many guises
    June 22, 2016
    Colin Sowman looks at some enforcement case studies from around the world. It is a sad fact of life that unenforced laws are not adhered to by a sometimes sizable proportion of the public and once enforcement is seen to be lacking, some drivers can take this to extremes and authorities must decide how to regain control.
    Read More

Highlighted Content