Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Cambodia’s First Electric Car Still Not On The Road Due To Funding Shortage Seven Months After Being Unveiled

A caravan of 30 cars and three buses from Thailand, Cambodia and Vietnam wait in front of the royal palace in Phnom Penh December 21, 2005. REUTERS/Chor Sokunthea

More than seven months after its owners unveiled the model, Cambodia’s first personal-use electric car is still not on the road, due to a funding shortage. The project needs another $100 million to finish assembly, which is currently taking place in piecemeal fashion.
Recommendations

Cambodia’s First Electric Car Is Still Charging
Which Of These Analysts Pinpointed Tuesday’s…
Retail Sales Are Up 0.2 Percent, But On The Low…

Must read

Government Explains Area 51: Spy Planes Yes, Aliens No
Government Explains Area 51: Spy Planes Yes, Aliens No
WATCH: Gorilla-Sized Halibut Caught in Norway
WATCH: Gorilla-Sized Halibut Caught in Norway
Ecuador Approves Drilling In Amazon Rainforest
Ecuador Approves Drilling In Amazon Rainforest
Aereo – We Can Be Profitable With Less Than 1M Subscribers: CEO
Aereo – We Can Be Profitable With Less Than 1M Subscribers: CEO
Jackson Hole Central Bankers’ Conference: Who’s Going And Who’s Not?
Jackson Hole Central Bankers’ Conference: Who’s Going And Who’s Not?

The new and improved Angkor EV 2013 was welcomed with great fanfare, but Seang Chan Heng, general director of Heng Development, the company producing the Angkor EV model, said on Tuesday that backing to get the first electric car out is not what it could be, and that she is on the hunt for business partners, according to the Phnom Penh Post, a Cambodian newspaper.

“We really have the intention to make this happen, and we are considering to take a loan from the bank to operate this project,” Heng said. “It is good to have better support from a governmental body or rich people.”
More ibtimes.com

Share

Leave a Reply