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EIB awards €17M to QEV to advance zero emissions transport in developing countries

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In the Philippines, QEV recently equipped 10 new GET electric minibuses and converted numerous Jeepneys to use its fully-electric technology. The EIB funding will not only contribute to sustainable public mobility and tackling climate change, but will also support new jobs.

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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

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The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%