In a bid to promote sustainable transportation in Kenya, Bolt, the on-demand mobility company, has teamed up with Roam Electric, Ampersand, and M-KOPA to introduce electric motorcycles to its platform. This strategic partnership aligns with Bolt’s long-term sustainability goals and aims to add 1,000 electric bikes to its fleet by the end of the year, with a target of over 5,000 within the next two years.
Roam Electric and Ampersand, esteemed manufacturers of electric motorcycles, will supply Bolt with these eco-friendly vehicles, while M-KOPA will offer financing options for potential buyers. By collaborating with renowned partners in the electric vehicle industry, Bolt solidifies its position as a provider of sustainable transportation solutions, catering to the rising demand for eco-friendly alternatives.
One of the key benefits of this collaboration is the potential to significantly reduce operational costs for boda boda riders, a vital mode of transportation in Kenya. By transitioning to electric motorcycles, boda boda riders could experience up to a 40% decrease in operational expenses, thus increasing their revenue potential.
Furthermore, the introduction of electric bikes addresses the challenge of limited charging infrastructure in Kenya. Roam Electric provides a universal charging cable that can be connected to any electric outlet, reducing dependence on dedicated charging stations. Additionally, Ampersand has established multiple charging and battery swapping stations across the country, with plans to expand their network further.
Notably, the collaboration with M-KOPA is a significant development. As Kenya’s largest financier of electric motorbikes, M-KOPA has played a crucial role in the widespread adoption of electric bikes in the country, funding approximately two-thirds of the electric bikes currently on Kenyan roads.
By joining forces with renowned electric motorcycle manufacturers and an influential financier, Bolt takes a leap forward in its commitment to sustainable mobility in Kenya. This partnership not only brings eco-friendly transportation options to the forefront but also contributes to the overall environmental sustainability of the country.
The electric vehicle industry is experiencing rapid growth and innovation globally. According to a market forecast by BloombergNEF, the electric motorcycle market is expected to reach 6.3 million units by 2024, with Asia leading the market in terms of sales volume. The increasing demand for electric motorcycles is driven by factors such as government initiatives to promote clean transportation and the rising awareness of environmental issues.
Kenya, in particular, has seen a surge in the popularity of electric motorcycles, also known as boda bodas. These motorcycles are widely used for transportation, especially in urban areas, due to their affordability and maneuverability in heavy traffic. However, the industry has faced challenges such as high operational costs and limited charging infrastructure.
Bolt’s partnership with Roam Electric, Ampersand, and M-KOPA aims to address these challenges and accelerate the adoption of electric motorcycles in Kenya. Roam Electric and Ampersand, as reputable electric motorcycle manufacturers, provide Bolt with quality electric bikes that are designed for durability, performance, and energy efficiency.
M-KOPA, on the other hand, plays a crucial role in financing electric motorbikes for potential buyers. The company offers flexible payment plans, making it easier for boda boda riders to transition to electric motorcycles. This, in turn, encourages more riders to switch to clean and cost-effective transportation options.
The collaboration between Bolt and its partners brings numerous benefits to both boda boda riders and the environment. The transition to electric motorcycles can lead to a significant reduction in operational expenses for riders, allowing them to increase their income. With up to a 40% decrease in operational costs, riders can save money on fuel and maintenance, improving their livelihoods.
Moreover, the introduction of electric motorcycles addresses the issue of limited charging infrastructure in Kenya. Roam Electric’s universal charging cable allows riders to charge their bikes using any electric outlet, eliminating the need for dedicated charging stations. Ampersand’s charging and battery swapping stations further enhance the convenience and accessibility of charging for riders across the country.
Overall, Bolt’s partnership with Roam Electric, Ampersand, and M-KOPA is a significant step towards promoting sustainable transportation in Kenya. By providing eco-friendly alternatives and addressing key industry challenges, Bolt is contributing to the overall environmental sustainability of the country. As the demand for electric motorcycles continues to rise, this collaboration sets a positive example for other companies and individuals to embrace cleaner and more efficient modes of transportation.
For more information on the electric vehicle industry and sustainable transportation, you can visit the following link: Electrive.