Japanese firm to bring electric tuk-tuks to Asia

Business, Normal
Source:

The National, Thursday 28th March 2013

 TOKYO: A Japanese company is hoping to win a big slice of Asia’s tuk-tuk market, it said yesterday, betting battery-operated buggies could cut burgeoning city pollution.

“There is no single company in Asia that mass-produces electric bikes or tricycles,” Terra Motors president Toru Tokushige said.

“I think it could have a big impact if a Japanese company is the pioneer in the market with products of such a futuristic design.”

Terra Motors unveiled the prototype of their electric tuk-tuk, a sleek-looking blue and white machine that can carry up to six people, including the driver.

The vehicle, 3.3m long and 1.47m wide, is powered by a lithium battery and can run 50km on one full charge. 

Terra Motors is hoping to win the bid for part of a Philippine government contract that is expected to see 100,000 electric tricycle taxis on the country’s streets by 2016, using a US$300 million loan from the Asian Development Bank. – AFP

The Japanese firm is aiming to become the world’s number one seller of electric tuk-tuks over the next two years, the company said, without providing precise figures.

Tuk-tuks, a cross between a motorbike and a tricycle, are a common form of transport in urban areas across Asia. 

They usually have small, petrol-powered engines that are blamed for causing serious air pollution. – AFP