Kenyan e-mobility leader, Roam, has teamed up with MOGO Kenya in a strategic partnership to promote electric motorcycle adoption across East Africa.
Recent data shows a significant rise in electric vehicles in Africa, with a 17.33% annual growth rate. The market is expected to reach US$162.2 million by 2028.
MOGO Kenya specializes in providing financing solutions for various assets, including vehicles, machinery, and equipment.
Roam is a leading electric mobility company in Kenya, offering eco-friendly transportation solutions such as electric scooters and bicycles.
Together, these two companies have partnered to change the way Kenya and the rest of the East Africa Region access and utilize sustainable transportation options.
Their partnership aims to make electric mobility more accessible and affordable for all, contributing to a greener and more sustainable future.
MOGO’s involvement in financing e-mobility will allow customers to purchase e-bikes through installment plans or loans, spreading out the cost over time.
This will make e-bikes more accessible to a wider audience in Kenya, including those who may not have the deposit funds to buy one.
By offering financing options, MOGO is helping to increase access to sustainable transportation solutions in the country.
Mikael Gånge, the Co-Founder and Chief Commercial Officer of Roam, shared his joy for increasing the accessibility and affordability of electric mobility.
Transitioning to e-bikes with MOGO’s support could provide numerous benefits for Boda Boda riders in Kenya.
Not only would it offer a more environmentally friendly mode of transportation, but it could also lead to cost savings in the long run.
E-bikes are also known for their efficiency and ease of use, making them a practical option for riders looking to enhance their services and attract more customers.
By adopting this transition, Boda riders have the opportunity to improve their livelihoods and contribute to a more sustainable transportation system in the country.
E-bikes offer an eco-friendly alternative to traditional motorcycles, emitting zero greenhouse gases and reducing air pollution in urban areas.
By choosing e-bikes as a mode of transportation, individuals can play a significant role in improving air quality and promoting a healthier environment in Kenyan cities.
In addition to reducing carbon emissions, e-bikes also help to decrease noise pollution, creating a more peaceful and enjoyable urban environment for residents and visitors alike.
Affordability remains a significant barrier to e-bike adoption for many individuals, as the deposit cost of purchasing an e-bike can be high.
However, MOGO’s financing solutions provide a viable option for those looking to overcome this obstacle.
Additionally, the development of an effective charging infrastructure is necessary to support the widespread use of e-bikes.
Without easily accessible charging stations, riders may be discouraged from using their e-bikes for fear of running out of power mid-ride.
In addition to creating new job opportunities, the widespread adoption of e-bikes in Kenya could also lead to increased tourism and transportation efficiency.
E-bikes offer a sustainable and cost-effective way to travel, encouraging individuals to discover new regions leading to economic benefits for local businesses and communities.
The reduction in greenhouse gas emissions from traditional transportation methods could lead to a healthier environment and improved public health benefits for Kenyan citizens.
The partnership between MOGO and Roam has the potential to greatly increase e-bike adoption in Kenya by making them more affordable and accessible to a wider range of people.
Reducing emissions through sustainable transportation options in Kenya will improve the environment and transportation system.
With this partnership, the future of e-bike usage in Kenya looks promising, with the potential to change the way people commute and navigate the booming cities of the country.
This partnership has the potential to not only transform transportation in rural areas of East Africa but also inspire similar initiatives in other regions facing similar challenges.
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