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

  • Reducing congestion with Tomtom's historical traffic data
    December 5, 2012
    Historical traffic data provided by TomTom is being used by the local government in Spain’s Basque region to reduce road congestion at less cost. Old habits die hard. Photos from as far back as the 1930s show people counting cars by the roadside in order to provide congestion data to those running road networks. Today, such techniques are still used, albeit augmented by a range of automation technologies such as inductive loops, infra-red sensors and number plate recognition. Even with these advances, howe
    Read More
  • Dutch flying car successfully concludes test flights
    April 3, 2012
    Dutch company PAL-V Europe has concluded test flights of its flying car, the PAL-V (Personal Air and Land Vehicle). The patented vehicle flies in the air like a gyrocopter with lift generated by an auto-rotating rotor and forward speed is produced by a foldable push propeller on the back. On the road it drives like a sports car. No new infrastructure is required because it uses existing roads and airstrips.
    Read More
  • Asian cities dominate ranking of world's biggest and busiest metros
    November 6, 2015
    Asian cities dominate the ranking of the world’s biggest and busiest metro systems, according to a new report from UITP, the International Association of Public Transport. The report, World Metro Figures, is a comprehensive study on the current state of the world’s metro networks and highlights potential future developments. The report shows that in 2014, 156 cities around the world had a metro system in operation, nearly two thirds of which were in Asia and Europe. The world’s busiest metro networ
    Read More
  • LiDAR sets its sights on future problems
    February 23, 2017
    AAdvances in LiDAR are helping transport authorities improve services and identify potential problem areas, as geospatial technology expert Dr Neil Slatcher explains. The effects of climate change on the transport infrastructure have long been a cause of concern within the transportation sector - and not only on the structures themselves but also on the surrounding areas. This year, those concerns have become reality with landslides, structural collapses and surfacing issues impacting services across the wo
    Read More

Highlighted Content