article thumbnail

Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

Green Car Congress

The Asian Development Bank (ADB) is providing $300 million towards a project that will replace 100,000 gasoline-burning tricycles in the Philippines with electric tricycles, or E-Trikes. Without intervention, the Philippines is on a course to almost quadruple CO 2 emissions in less than 25 years, the ADB said.

article thumbnail

Terra Motors & FCC Corporation partners to develop futuristic EVs

Electric Vehicles India

Terra Motors Corporation a Japanese electric vehicle maker has partnered with a Japan-based FCC Corporation to develop futuristic electric vehicles for global markets. The collaboration between the two companies will develop futuristic electric vehicles using the Indian operations as the base for the activity.