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

  • Developing an integrated WIM/ANPR enforcement system
    July 31, 2012
    The weigh in motion market remains especially buoyant and technological development continues to reflect this. Although there are major differences in operating philosophies, particularly between developed and developing countries, both the numbers of countries using Weigh In Motion (WIM) technology and the numbers of systems that they deploy are on the increase.
    Read More
  • Radar effective as detection tool for hard shoulder running
    July 23, 2012
    Navtech Radar's millimetric-wave systems are being researched on the M42 in England to look into how this type of detector can assist in the opening of the hard shoulder as an additional running lane. Here, the company's Stephen Clark talks about the technology being used. In England, the Highways Agency's (the HA, an executive agency of the Department for Transport) Managed Motorways system - formerly called Active Traffic Management - uses electronic signs and signals mounted on gantries to direct drivers
    Read More
  • Inrix and APCOA partner to provide comprehensive European parking data
    July 6, 2017
    Inrix has partnered with European parking operator APCOA Parking Group to exchange parking information in a deal which will provide Inrix with access to information from 1.4 million parking spaces at over 9,000 locations in 13 countries.
    Read More
  • Kapsch TrafficCom to provide traffic management and staffing for Louisiana DOTD
    July 20, 2017
    The Louisiana Department of Transportation and Development (DOTD) has selected Kapsch TrafficCom (Kapsch) to provide management and staffing services for the DOTD Traffic Management Centers (TMCs), each with varying levels of support and staffing appropriate for daily operations. DOTD currently operates five TMCs and provides Motorist Assistance Patrol (MAP) services in New Orleans, Baton Rouge, Shreveport and Lake Charles areas, as well as MAP services for various construction projects state-wide. The cont
    Read More

Highlighted Content