Press Release: Asian Development Bank, WDI Partner on E-Mobility Research
Last week, WDI’s Energy and Mobility team traveled to the Philippines capital city of Manila as part of a new research collaboration with the Asian Development Bank (ADB)
The Philippines is among many countries across Asia moving to electrify its transportation system in an effort to reduce imported fossil fuels, improve air quality and reduce carbon emissions, while creating new economic opportunities for its citizens. While the transition to electric mobility (e-mobility) is still relatively nascent, efforts to electrify transportation are underway, particularly among public utility and two- and three-wheel vehicle segments, which are the most popular modes of transportation in the country. Meanwhile, private sector players are pursuing opportunities along the electric vehicle (EV) value chain, from manufacturing or assembling vehicles and batteries to developing charging infrastructure and offering services to support the broader e-mobility ecosystem.
Photo courtesy of WDI.
Source: William Davidson Institute at the University of Michigan (link opens in a new window)
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