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Locally-assembled electric auto-rickshaws could hit the Cambodian market within this year after the Council for the Development of Cambodia (CDC) gave the greenlight.
According to a CDC press release, it will issue a final registration certificate to Onion Mobility Co Ltd’s USD 20 million electric motorbike and auto-rickshaw assembly plant in Kandal province’s Suvannaphum Special Economic Zone (SSEZ), which is expected to generate 380 jobs.
Onion Mobility is a subsidiary of Singapore-based MVLLABS Pte Ltd (MVL), the company behind the TADA app, Southeast Asia’s first blockchain-based zero-commission ride-hailing service, which operated in Cambodia by MVL TADA (Cambodia) Co Ltd.
MVL TADA Cambodia general manager, Chim Poly claimed that the project not only provide Cambodians with the three-wheelers at a lower cost than their petrol-powered counterparts, but will also support environmental protection.
Onion Mobility’s products will be equipped with high-powered batteries and charge at designated stations that the company will be setting up. Locations will be limited to Phnom Penh for the first phase, but will be extend to other provinces later on.
The company will aim to keep pace with domestic demand during the first phase of the plant’s operations and expand production for export to neighboring countries in subsequent phases, he added.
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