A Ho Chi Minh City-based company is seeking to operate 10,000 electric taxis around the country in place of gasoline vehicles.
Ho Huy Investment Company has said its taxis will, over a 10-year period, reduce emissions by 940,000 tons and save more than 406 million liters of gasoline worth US$134 million.
Energy costs will come down by 50-60 percent.
The company provided no more details about funding and where the cars will be imported from.
The plan has been submitted to relevant agencies and received positive feedback.
The HCMC Department of Transport has recommended that the ciy’s government approve 100 electric taxis at first as a trial step.
According to the Ministry of Transport, around 50,000 taxis run in the country, mostly in major cities. It is also not known how the gap will be filled up.
- Biden's spending package would give USPS $6 billion to replace dangerous mail trucks with electric vehicles
- Even as Biden Pushes Clean Energy, He Seeks More Oil Production
- Lyft Says All Vehicles On Its Network To Go Electric By 2030
- Vingroup to build $387 mln battery cell plant in central Vietnam
- Electric Vehicles in India: Businesses Seek Government Support to Meet 2030 Target
- Old Power Gear Is Slowing Use of Clean Energy and Electric Cars
- Car tax 2020: Chancellor announces 'comprehensive package' of tax reforms for electric car
- UK pledges support on Vietnam’s path to reaching net zero on time
- Elon Musk jets in to Britain as ministers seek site for new car factory
- India plans to form group of PSU, private refiners to seek better oil import deals: Oil secy
- EV Supplier Stocks Outperform As Automakers Invest In The Electric Future
- VIETNAM'S BUSINESS NEWS HEADLINES JUNE 23
Vietnam company seeks to replace gasoline taxis with 10,000 electric vehicles taxis have 265 words, post on at June 8, 2016. This is cached page on VietNam Breaking News. If you want remove this page, please contact us.