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

  • New Zealand’s first weather-activated road signs go live
    November 3, 2015
    New Zealand’s first weather-activated road signs with adjustable speed limits have gone live on State Highway 29 over the Kaimai Range. The 22 high-tech signs are part of an innovative NZ Transport Agency trial that aims to reduce the crash rate on the steep road, which links the Waikato and the Bay of Plenty. The variable speed signs, along with four web cameras, will be linked to a weather station at the summit of the Kaimai Range. The Transport Agency will monitor the weather station and adjust the
    Read More
  • Charlotte, NC: looks like we’re walking
    November 7, 2022
    Charlotte is committing to ambitious Vision Zero targets and has a plan for modal shift which emphasises active travel in the North Carolinian city
    Read More
  • Latin America projected to invest in metro systems
    April 22, 2014
    Latin American countries are expected to invest some US$40 billion in metro projects by 2025, according to a report from the Inter-American Development Bank (IDB). "In total, they will build or expand more than US$40bn in 20 projects," stated the report entitled Latin America and the Caribbean in 2025. The report, Latin America and the Caribbean 2015, indicates that some of the projects include construction of line 3 and line 6 in Chilean capital Santiago's subway, expansion of Brazil's São Paulo met
    Read More
  • Microgrids & the new power generation
    August 31, 2021
    Public transportation agencies are turning to microgrids to provide critical resilience in the event of local and regional power interruptions. Gordon Feller looks at projects in Maryland, New Jersey and Massachusetts
    Read More

Highlighted Content