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

  • Home office approval for roadside drug testing device
    February 27, 2015
    International safety manufacturer, Dräger, has received Home Office approval for its drug detection equipment for roadside drug testing. The fully automated Dräger DrugTest 5000 will be used by police forces around the UK, to test for cannabis and cocaine at the roadside, similar to the in which way drivers are breathalysed for alcohol. The device can also be used to in a range of industries including transport, logistics and haulage. The easy-to-use DrugTest 5000 underwent rigorous testing at the Home Offi
    Read More
  • GMV to provide account-based ticketing for Cyprus buses
    November 16, 2023
    Company will build on existing smart card system on 750 vehicles
    Read More
  • 5G or not 5G?
    April 16, 2019
    Just a few years ago, there was only one solution in terms of communications protocols for delivering vehicle connectivity. Now, road operators and vehicle manufacturers face choices – including a moral choice, perhaps. Jason Barnes looks at the current state of play There is a debate raging in the ITS world over future communications protocols. Asfinag, Austria’s national strategic road operator, has announced it will from 2020 be using ITS-G5 to support cooperative ITS (C-ITS) applications (‘First thin
    Read More
  • Transport technology transforming bus stops in Los Angeles
    January 20, 2012
    David Crawford reports on a pioneering blend of transport technology and aesthetic By gaining a design award before installation has even started, the US$6.9 million City of Santa Monica (California)'s Big Blue Bus Shelter and Branding Package has ensured early interest among what it expects to be a new wave of transit riders. The American Institute of Architects' Los Angeles chapter's recently conferred 'Next LA Citation Award for Architecture', given for design excellence in projects as yet unbuilt, comm
    Read More

Highlighted Content