The partnership aims to support the shift to e-mobility in rural Africa and is nurturing an innovative ecosystem to address e-mobility challenges and test new technologies and models.
P4G has invested US $100,000 in this partnership.
The partnership will focus on unlocking potential funding sources for e-mobility by developing a blueprint that has the potential to subsidize investment costs and structure financial products for scaling e-mobility in Sub-Saharan Africa. Through an incubation program, the partnership is testing consumer demand for swappable batteries and developing business models for establishing and training a network of conversion operators for electric 2 – 3 wheelers.
Unlock funding for electric 2-3 wheelers