A Saigon-based cab company is planning to replace its fuel taxis with electric vehicles.
In an attempt to address the city's air pollution woes, local firm Ho Huy Investment has proposed to put 10,000 electric taxis into use as Mai Linh taxis, reports Thanh Nien.
According to the company, its electric vehicle project will cut down emissions by 940,000 tons and save more than US$134 million on petrol over a 10-year period.
The proposal, submitted to the city's Department of Transport, is set to undergo a trial phase, in which 100 electric vehicles will be put into use.
Though the firm declined to elaborate on where the funding or the vehicles for this project will come from, Mai Linh Group signed a contract with French car manufacturer Renault late last year to purchase as many as 20,000 electric vehicles.
If successful, Mai Linh may expand the project to Hanoi as well.
[Photo via Renault UK]