Philippines pumps money into electric tricycle plan
Manila: The Philippines government has jump-started a programme to put thousands of electric tricycles on the country’s roads with the release of a half-billion peso counterpart fund.
In a statement, the Department of Budget and Management (DBM) said it had recently released P505.6 million (Dh41.7 million) to the Department of Energy to cover the government’s funding share in a project that will launch more electric-powered tricycles or “e-Trikes” on Metro Manila’s roads. “Electronic tricycles are a viable, energy-efficient solution to a long-standing problem, as many of the tricycles still in operation are major sources of pollution that compromise air quality in the metro,” DBM Secretary Florencio Abad said.