Gigmile ’s Post

Autopax is venturing into the electric motorcycle assembly business through a partnership with Ghanaian battery company Kofa. Led by Autopax CEO Joy Kalua, the collaboration aims to develop a new electric motorcycle for the Kenyan and Ghanaian markets, with a focus on sustainability and local sourcing of parts. Kofa's Kore2 Swap and Go network will revolutionize electric vehicle operations in Kenya, ensuring continuous power supply for the bikes and paving the way for a greener future. The partnership, announced during the Africa Tech Summit in Nairobi, aligns with Kenya's goal of achieving a 100% transition to green transport by 2030. As players in the electric mobility industry flock to assemble in Kenya, tax incentives offered by the government are driving the growth of clean transport and industrialization. This transformative collaboration underscores the commitment of Autopax and Kofa to revolutionize transportation in Africa through sustainable and efficient mobility solutions. #ElectricMobility #SustainableTransport #hakunamatatamedia

CIG Motors and Dr. Ned Okonkwo Partner to Bring 2,000 EVs to Nigeria  CIG Motors Co., Ltd has teamed up with real estate mogul Dr.Ned Okonkwo to introduce 2,000 Wuling electric vehicles (EVs) to Nigeria. Supported by Fidelity Bank PLC, this initiative aims to drive sustainable transportation across the country.  What They’re Doing:   ✅ Delivering EVs: Deploying 2,000 Wuling EVs to provide Nigerians with an eco-friendly transportation option.  ✅ Building Infrastructure: Establishing charging stations at Dr. Okonkwo’s real estate projects and across the country.  ✅ Reducing Costs: Offering EVs that cut maintenance costs by 70% compared to petrol cars, addressing high fuel prices.  ✅ Promoting Sustainability: Tackling air pollution and improving urban living conditions through cleaner mobility.  Diana Chen Fidelity Bank PLC, Richard mofe Damijo #SustainableMobility #ElectricVehicles #GreenEnergy #NigeriaInnovation Here is more: https://lnkd.in/deFDikJv

𝗥𝗼𝗮𝗺 𝗟𝗲𝗮𝗱𝘀 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗠𝗼𝗯𝗶𝗹𝗶𝘁𝘆 𝗦𝘂𝗯-𝗦𝗲𝗰𝘁𝗼𝗿 𝗶𝗻 𝗞𝗲𝗻𝘆𝗮'𝘀 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻. Roam has been elected to chair the Electric Mobility Sub-Sector within the Kenya Association of Manufacturers. KAM's Electric Mobility Sub-Sector aims to establish a legal framework and guide processes to support local industries. It will create inclusive platforms to ensure that all stakeholders in Kenya's electric mobility manufacturing sector are represented, preventing a few entities from dominating the roadmap. The focus is on reducing import dependence, creating opportunities for SMEs, and establishing Kenya as a regional electric mobility leader, while expanding sustainable industry jobs. As chair of the sub-sector, Roam will play a crucial role in shaping policies and initiatives that promote the growth of electric mobility in Kenya. “It is an exciting, pivotal time for electric mobility in Kenya. Today, Kenya is leading the sector in Africa. With the right policies, investments, and collaboration across the sector, Kenya can keep leading the charge in EV manufacturing," said Hans van Toor, Chair of KAM’s Electric Mobility Sub-Sector. The company aims to leverage this position to foster collaboration among industry stakeholders, advocate for supportive regulations, and drive innovation in the electric vehicle sector. #ElectricMobility #EV #Roam #Africa #Kenya #Sustainabletransport #GreenEconomy #AfricanInnovation #Sustainability Photo: Roam engineers working on a RoamAir E-bike | Roam

Looking forward to seeing this talk become a reality. eMobility is indeed getting out of the starting blocks in Africa.

What if owning an electric vehicle in Africa was as easy as a subscription? New models are making EV ownership more accessible and sustainable. #Electricvehicles (EVs) are changing the game in Africa, with solutions like subscription services, shared ownership, and battery leasing. These models lower costs and offer flexibility, making EVs more affordable for younger generations and gig economy workers. Why does this matter? Subscription services like MAX in Nigeria and SPIRO in Kenya cover maintenance and charging, while platforms like #LÜLA in South Africa offer shared ownership to reduce costs. Companies like Zeno in East Africa are also making electric motorcycles affordable for boda boda drivers with battery leasing. These innovations not only make EVs more accessible but also support local economies and create a greener future for Africa's transportation. Here is more: https://lnkd.in/dF9Zj27t #ElectricVehicles #SustainableTransport #Innovation #Africa

Roam , a Kenyan-based electric mobility pioneer, has secured US$24 million in equity and debt to accelerate its mission to transform passenger transport in Africa. This funding round was led by and includes investments from At One Ventures, TES Ventures, Renew Capital, The World We Want, and One Small Planet, among other prominent private and institutional investors such as the U.S. International Development Finance Corporation. Roam’s innovative vehicles, durable construction, and affordability make them a viable and sustainable alternative to traditional petrol-powered options. Roam prioritizes innovative design and local engineering to create products that positively impact the lives of East Africans to provide Roam with an up to US$10 million debt facility. Roam designs, develops, and deploys electric motorcycles and buses specifically built for millions of consumers across Africa. Roam has disrupted the electric motorcycle market in Kenya by providing greater flexibility and the option of battery ownership to its riders. This allows users to charge their batteries at a standard household outlet and significantly reduces their cost of operations whilst increasing the ability to travel longer distances. Roam also offers Roam Hub stations, which are multi-purpose open-architecture electric motorcycle charging stations that offer a wide array of after-sales services including the option to rent additional batteries for a flexible period. Zambian Electric Mobility Innovation Alliance (ZEMIA) Mobility congratulate Roam on this funding round and support Roam’s vision for a more equitable, zero-emission passenger transport system for African cities. 🎉🌍 #Roam #ElectricMobility #Africa #Funding #Sustainability #electricbus https://lnkd.in/dsTbTY7v.

We're thrilled to announce several exciting developments driving electric vehicle (EV) accessibility in Kenya! As our President, William Samoei Ruto, PhD, is on his historic trip to the United States of America, this week, Mogo Kenya signed a commitment letter with the U.S. International Development Finance Corporation for a $10 million loan to finance electric vehicles. The two-wheeler EV market's growth in Africa is scaling up and Mogo Kenya remains committed to making EVs accessible to all Kenyans. We're actively developing financial products to address the challenge of EV affordability for the underbanked population. In the last month alone, we have financed close to 100 EVs in Kenya. Additionally, we recently opened our first dedicated EV branch in Nairobi, located at Rubis, Jogoo Road. These are significant milestones for MOGO Kenya and the Eleving Group. It's a testament to the positive impact we're making on Kenya's transition to a greener future. We are happy to be part of the ceremony at the White House welcoming Kenyan President William Ruto to the United States. Witnessing Kenya & US sharing the same democratic values and leading the path to a better world was truly inspiring. Read more on U.S., Kenya Advance Shared Priorities – https://lnkd.in/eBqsv3N8 #ElectricVehicles #EVfinancing #Sustainability

BV Thailand is proud to be a partner in Asia's first carbon credit purchase project under the ‘'Bangkok E-Bus Programme'.    The Bangkok E-Bus Programme, owned by Energy Absolute PCL (EA), is the first authorised programme under Article 6.2 of the Paris Agreement in Asia and the second worldwide. Aiming to transition Bangkok's privately operated e-bus fleet from conventional to electric vehicles, the transaction marks a significant leap in Thailand's journey towards electric vehicle adoption and emissions reduction.    The Swiss-based KliK Foundation initiated this groundbreaking transaction by acquiring Internationally Transferable Mitigation Outcomes (ITMOs) from Thai Smile Bus Co. Ltd., making this a historic emission reduction alliance between Switzerland and Thailand.    Acting as an impartial third-party entity, BV Thailand validated the project's legitimacy and verified emission reductions, ensuring the precision and transparency of carbon credit outcomes.    BV Thailand is honoured to contribute to this landmark initiative in global decarbonisation and affirm our commitment to shaping a world of trust and sustainability.    #BureauVeritas #BureauVeritasThailand #ShapingaWorldofTrust #Thailand #Sustainability #GHG #CarbonCredit 

BasiGo has secured KSh1.3 billion from the U.S. International Development Finance Corporation to boost local assembly of its electric buses in Kenya. This significant investment will help BasiGo meet its substantial orders from Nairobi matatu operators, who have placed over 500 reservations. The funding will also support the creation of at least 300 green manufacturing jobs, enhancing both production capabilities and local employment. The new facility will enable BasiGo to increase its monthly production from five to 20 buses, with a long-term goal of delivering 1,000 electric buses within the next three years. Additionally, the investment will facilitate the expansion of BasiGo’s Pay-As-You-Drive model, providing operators with continuous access to charging infrastructure and supporting the broader adoption of electric vehicles in Nairobi. This investment is part of a larger KSh32.3 billion initiative announced by DFC during President Ruto’s US tour in May. By the end of March this year, BasiGo’s electric vehicles had already driven 1.5 million kilometres in Kenya, transporting 2.1 million passengers and avoiding over 680 tonnes of greenhouse gas emissions. The new guidelines released by the Energy & Petroleum Regulatory Authority (EPRA) for electric vehicle charging and battery swapping, effective from September, will further support the sector's growth. These rules aim to make EV charging infrastructure more accessible, promote affordable tariffs, and accelerate the adoption of electric vehicles in Kenya. #ElectricVehicles #GreenEnergy #SustainableTransport #Kenya #CleanTechnology #Investment To read more: https://zurl.co/YrjL

Hyundai Motors Nigeria Ltd., a subsidiary of Stallion Group, has joined the list of Nigerian-owned automakers driving the adoption of the Presidential Compressed Natural Gas Initiative (Pi-CNG) with the rolling out of CNG vehicles for various categories of automobile users in the country. The vehicles are assembled in Nigeria and the models include the Hyundai Grand i10, Hyundai Accent, Hyundai Creta and Hyundai Tucson. The locally assembled CNG vehicles are for most vehicle buyers, including retail customers or status vehicle owners from different corporate companies. For instance, its latest Grand i10, Accent, Creta and Tucson come with factory fitted CNG kits, including the bulletproof CNG cylinders, which are not only safer than petrol tanks, but take up less trunk space unlike the converted conventional vehicles. Hyundai Motors Nigeria Ltd. has put in place auto finance options for buyers who are unable to make a one-time payment for any of the CNG vehicles. Hyundai Motors Nigeria recognized the paradigm shift in the transportation sector by the intitatives of the government and the company supported the initiative. Hyundai Motors Nigeria also has Nigerian assembled Electric car "Hyundai Kona". This is very impressive. Kudos to Hyundai Motors Nigeria Ltd.and I hope Innoson Vehicles, Nord Automobiles Limited and others would imitates Hyundai Motors Nigeria. Nigeria go better in sha Allah 🇳🇬 #GodBlessNigeria #MayTinubuSucceed