TADA, Cambodia’s fastest-growing ride-hailing app, plans to invest $20 million to produce electric tuktuks within the framework of clean energy development.
The news was announced after Long Dimanche, Cambodian ambassador to South Korea, had
a meeting with TADA Chief Executive Officer Kay Woo from South Korea regarding the Singapore company’s investment in Cambodia.
According to TADA, the electric tuktuk which is planned to be manufactured in Cambodia can run up to 100 kilometres when fully charged and the price of them is similar to the petroleum-fuelled tuktuks seen on the road today.
Jim Polly, general manager of TADA in Cambodia, expects the new vehicles to reduce costs, increase the income of drivers and even create more jobs for Cambodians.
TADA first started operations in September 2018 and then entered the Cambodian market in early 2019.
The company plans to take the assembly plant online by the end of this year or early next year at the latest, with sales set to be launched before the end of the second quarter of 2021.
However, TADA is not the first company that plans on filling Cambodia’s roads with eco-friendly vehicles.
Earlier this year, Singaporean Carl Wong, founder of the company Go2, put out more than 50 electric motorbikes in and around Phnom Penh, giving local customers an optional method of transportation via a downloaded application.
The eco-friendly motorcycles, painted bright yellow and covered in the company’s logo are run through battery power packs. Go2 are expecting to add another 50 motorcycles by the end of 2020 and want to have 500 more on the road by the end of 2021.
Another company added to the list of eco-friendly vehicles in the Kingdom is Voltra Motors, another electricity-run motorcycle business.
Voltra Motors, the manufacturer of the first Cambodia-made electric motorbike, officially opened its doors to the public in 2019.
It was the brainchild of Yann Vaudin, a French engineer who has been residing in Cambodia for the last seven years. Vaudin also owns and operates the Siem Reap-based Green e-Bike, which in 2014 became the first-ever electric bicycle rental business in Cambodia.
Pollution is a serious problem in Cambodia, which has a population of about 16.5 million people.
According to the Department of Traffic Police and Public Order, around 700,000 cars and 3.5 million motorcycles are now registered throughout Cambodia.
Pollution is most severe in the Kingdom’s urban areas, including Phnom Penh, where a growing population, proliferation of factories and the presence of more than a million motorbikes combine to worsen the problem.
But with more companies pumping in investment into the Kingdom and starting up eco-friendly businesses, Cambodia could be set for a cleaner future.