Japanese electric vehicles maker and distributor Uzushio Electric Co. is making a bid to distribute electric tricycles in the Philippines as the country implements a plan to replace 100,000 gasoline-burning, air-polluting tricycles by 2016.
Tokushi Nakashima, head of BEET Philippine Inc., a local subsidiary of Uzushio Electric Co., told a press conference Monday that his company has submitted a bid to the Asian Development Bank, which is providing $300 million toward the e-tricycle project being carried out in cooperation with the Philippine government.
The company, which opened in March, also registered its e-trike model with the Philippines' Land Transportation Office, affirming its roadworthiness and making it accessible for interested private consumers.