
ADB VENTURES INVESTS IN SELEX TO EXPAND ELECTRIC TWO-WHEELER USAGE IN VIET NAM
The Asian Development Bank’s (ADB) venture capital arm ADB Ventures has signed an agreement to invest in an electric two-wheeler vehicle (E2W) and battery pack manufacturer, Selex Smart Electric Vehicles JSC (Selex), to reduce carbon emissions in high-usage applications such as last-mile cargo and passenger transport in Viet Nam.