Global Green Growth Institute
room 19F Jeongdong Bldg., 21-15 Jeongdong-gil, Jung-gu Seoul 04518
arrow_back See all Activities

Battery Swap System for Electric Two Wheelers

IATI Identifier: XM-DAC-47136-LA22

Published on IATI
  • date_range Oct 19, 2021 - Mar 31, 2022
  • autorenew Closed (Status)

Debt for nature swaps (exchanging Lao debt against nature conservation investments) USD $68,691 : Laos is ideal candidate for such a scheme. High sovereign debt but high potential for investment in forest conservation and reforestation. Increasing forest coverage is also Government priority. The idea would be to convince selected creditors such as World Bank and ADB to write-off some of the Government’s debt in return for enhanced public investments in forestry. GGGI are planning to approach WB soon, but are seeking funding for feasibility study in advance of this. Battery swapping systems for electric two-wheelers USD $128,746: E-motorbikes are not taking off in Laos, although they are cheaper than regular ones if considering the total cost of ownership (CAPEX+OPEX over lifetime). Barriers include slightly higher CAPEX and range anxiety. These could be addressed through renting the batteries instead of purchasing the batteries (30% of total cost of an e-bike). Solutions are already available in Thailand and in Cambodia: https://www.oyika.com/ ; https://www.swapandgo.co/

more_horiz
Sectors:
  • Environmental policy and administrative management

Participating Organisations

Global Green Growth Institute Multilateral Implementing
United Kingdom: Embassy in Lao PDR Government Funding
United Kingdom: Foreign, Commonwealth and Development Office (FCDO) Government Funding

Transaction

Transaction Value Provider
Receiver
Type Date
109,878 USD Provider N/A Receiver N/A Expenditure
date_range Jan 01, 2022
121,902 USD Provider N/A Receiver N/A Incoming Funds
date_range Jan 01, 2022

Budget

110,147 USD
  • 110,147 USD (Valued at Mar 31, 2022)
    date_range Jan 01, 2022 - Mar 31, 2022
access_time Updated on Sep 13, 2023 20:39:02