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World’s First Cardano-based Automotive Project to Launch in Sri Lanka

The project aims to address concerns surrounding the use of electric vehicles while concurrently promoting climate action.

eTukTuk, the world’s first Cardano-based automotive project, has announced its plans to launch operations in the South Asian nation of Sri Lanka. This development, announced at this year’s World Economic Forum in Davos, has the potential to transform the transportation industry for people around the globe. 

The eTukTuk ecosystem also utilizes the Cardano blockchain to expand its network of charging stations and proprietary electric vehicles to assist areas with limited EV infrastructure in moving away from fossil fuels. In addition, it addresses global issues such as air pollution, health conditions related to CO2 emissions, and financial disparity.

(By Ammara)

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