On August 13, Selex Motors had the honor of welcoming a delegation from the Asian Development Bank (ADB) to visit and work at its factory in Yen Vien, Gia Lam, Hanoi.
This is the second official visit of the ADB delegation to Selex Motors since March 2024. The special visit of the delegation demonstrates the trust of reputable organizations in the region and around the world in the trend of clean energy transformation for businesses in Vietnam.
During the meeting, ADB reaffirmed its commitment to accompanying Vietnam and will provide support for companies and projects in the field of green transformation.
Earlier, on March 12, ADB President Masatsugu Asakawa visited and experienced Selex Motors’ electric motorcycle ecosystem products.
Currently, Selex Motors is the first and only electric motorcycle startup in Southeast Asia to receive investment from the Asian Development Bank through the ADB Ventures investment fund.
Selex Motors would like to extend its sincere gratitude to the following representatives:
- Ms. Charlotte Justine Diokno Sicat, Regional Director: Asian Development Bank Kazakhstan; Maldives; Marshall Islands; Asian Development Bank Mongolia; ADB Pakistan; Philippines; Timor-Leste.
- Mr. Sangmin Ryu, Regional Director: Korea; ADB Papua New Guinea; ADB Sri Lanka; Taiwan, China; ADB Uzbekistan; Vanuatu; Vietnam.
- Ms. Rachel Thompson, Regional Director: Australia; ADB Azerbaijan; ADB Cambodia; Asian Development Bank Georgia; Hong Kong, China; Kiribati; Micronesia; Nauru; Palau; Solomon Islands; Tuvalu
- Mr. Made Arya Wijaya, Regional Director: Asian Development Bank Armenia; Cook Islands; Fiji; Asian Development Bank – Indonesia; Kyrgyz Republic; New Zealand; Niue; Samoa; Tonga
- Mr. Vikas Sheel, Regional Director: ADB Bangladesh; ADB Bhutan; ADB India; ADB Lao PDR; ADB Tajikistan – АБР Таджикистан; Turkmenistan
- Ms. Nurussa’adah Muharram, Acting Regional Director: Brunei Darussalam; Malaysia; ADB Nepal; Singapore, ADB Thailand
- Ms. Keiko Takahashi, Acting Director of ADB in Japan
- Mr. Shantanu Chakraborty, Director of ADB in Vietnam
- Ron H. Slangen, Deputy Director of ADB in Vietnam
- Mr. Kiron Nath, Investment Specialist
- Ms. Rachel Carreon, Secretary
Established in 2018, Selex Motors has developed a comprehensive smart electric motorcycle ecosystem, solving the problem of inconvenient energy replenishment through a network of battery swapping stations – the new generation of electric vehicle gas stations.
Selex Motors prioritizes the development of a domestic supply chain with over 80% of components produced domestically. This is a point highly appreciated by foreign partners in the context of Vietnam being expected to become an important link in the new global supply chain, especially in the field of clean energy.
According to a study by the United Nations Development Programme (UNDP), Selex Motors’ solution helps drivers increase their average income by 34%, while significantly reducing carbon emissions. Currently, Selex Motors’ products have been widely accepted by major technology companies such as Grab, GoJek, Lazada, ShopeeFood…