Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Financial Reports Q-3 2018
by ruwan326 Today at 9:23 am

» ඉන්ධන මිල සූත්‍රය මෙන්න
by ruwan326 Today at 8:43 am

» US Share Market Crash Seems to Good for Sri Lankan/Asian Share Market and Currencies
by Miss-Sangeetha Today at 7:50 am

» ALHP WILL MOVE UP SOON
by wisdom79 Today at 6:09 am

» Central Bank will intervene if rupee moves on speculation – official
by janith123 Yesterday at 9:00 pm

» Daily Foreign Transactions
by ruwan326 Yesterday at 8:27 pm

» LCEM heading towards delist
by TuTanKaman Yesterday at 7:18 pm

» Banking sector profits seen losing steam ahead of 3Q earnings season
by TuTanKaman Yesterday at 7:15 pm

» MARKET CRASH - GUARANTEED
by DS Wijesinghe Yesterday at 10:58 am

» Govt has failed to set up Export Import(EXIM) Bank as promised in 2015 Nov Budget
by ruwan326 Sun Oct 21, 2018 7:37 pm

» SRI LANKA @ 2020
by samaritan Sat Oct 20, 2018 2:35 pm

» Summary of Key Announcements during the week
by ruwan326 Fri Oct 19, 2018 7:34 pm

» Dealing by directors
by ruwan326 Fri Oct 19, 2018 7:30 pm

» CSE WEEKLY
by ruwan326 Fri Oct 19, 2018 7:28 pm

» THE MAN WHO KILLED THE SRI LANKAN STOCKMARKET!
by ruwan326 Fri Oct 19, 2018 12:41 pm

» We Have Fresh Cut Bank Guarantee For Lease and sale (BG/SBLC - Tura
by king12 Fri Oct 19, 2018 7:32 am

» Daily Stock Market Update
by Insights Equity Thu Oct 18, 2018 5:53 pm

» Dreams of big profits as marijuana becomes legal in Canada
by janith123 Thu Oct 18, 2018 3:07 pm

» $ 1 b from China Development Bank in Sri Lanka today
by ruwan326 Thu Oct 18, 2018 10:20 am

» Dr. Ali Gulamhusein resigns from People’s Leasing board, amid litigation/floundering listed companies
by ruwan326 Thu Oct 18, 2018 7:24 am

» Sri Lanka to revoke rogue bikini ban
by ruwan326 Thu Oct 18, 2018 6:58 am

» ORIENT FINANCE PLC - RATING REVIEW
by ruwan326 Wed Oct 17, 2018 8:43 pm

» EPF needs governance overhaul to invest in Sri Lanka stock market
by janith123 Wed Oct 17, 2018 4:58 pm

» MD behave like ANIMAL
by janith123 Tue Oct 16, 2018 4:48 pm

» Sri Lanka may be one of few countries who takes ridiculous tax
by soileconomy Tue Oct 16, 2018 7:50 am

» Stock Broker Companies for sale
by janith123 Mon Oct 15, 2018 9:26 pm

» Fresh push to woo UK investors to SL
by ruwan326 Mon Oct 15, 2018 8:03 pm

» FUTURE WINNING STOCKS AT BOTTOM LEVEL
by Yahapalanaya Mon Oct 15, 2018 6:15 pm

» Nimal returns to stock market
by sapumal Mon Oct 15, 2018 4:53 pm

» Stock price decline leaves John Keells (JKH) vulnerable to a takeover by Sri Lanka’s oligarchs
by ruwan326 Mon Oct 15, 2018 8:08 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Japan helps build electric three-wheeler in Sri Lanka

Japan helps build electric three-wheeler in Sri Lanka

Go down  Message [Page 1 of 1]

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Positive Business and Economic News for the country

Japan helps build electric three-wheeler in Sri Lanka
ECONOMYNEXT – A Japanese- Sri Lankan partnership has built an electric three-wheeler in the island to help replace the over one million fossil-fuel powered auto-rickshaws, known as ‘tuk-tuks’, the finance ministry said.

“There are several reasons for the shift from the fossil fuel tuk to the electric version, and environmental concerns are chief amongst them,” Finance Minister Mangala Samaraweera said .

As part of the Paris agreement, Sri Lanka has pledged to reduce greenhouse gas emissions by 10% in the transport sector by 2020. 

“One way to achieve this reduction is to convert the existing vehicles to ‘zero-emission’ vehicles, which would cause minimum levels of pollution and carbon footprint,” Samaraweera was quoted as saying at the launch of the electric three-wheeler. 

The electric three-wheeler was developed by Japan Sri Lanka Comprehensive Partnership secretariat and T-Plan Inc., an electric vehicle engineering firm.

“It is considered to have incorporated some of the cutting-edge technology available in this industry,” Samaraweera said. 

The first batch of electric three wheelers manufactured in Sri Lanka will be ready by mid-2020, in time for the 2020 Tokyo Olympics. 

“It is very exciting to hear that T-PLAN hopes to export the Sri Lankan made electric vehicles to Japan,” he said. 

“This would be the first of many technology transfer projects that are currently being incubated by the Japan Sri Lanka Comprehensive Partnership secretariat.” 

Under the Enterprise Sri Lanka credit schemes, the Ministry of Finance will incorporate a subsidised loan scheme to enable three-wheeler drivers to invest in additional services including meters, WIFI, and GPS facilities.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum