Business:
Focused on the Import, distribution and sales of Electric battery powered 2 wheel vehicles (Scooters and Motorbikes) in South Africa, including full operation lease of our commercial fleets. Planning and implementing the rollout of charging and battery swapping locations form part of this.
Small combustion engine vehicles have and very high operational costs and low operational reliability. Our offerings provide a complete change in the operational costs model and allow us to greatly improve reliability and cost per kilometer compared to all current market incumbents.
Market:
The current South African market for Motorbikes has been averaging 1300-1600 units a month for the last 4 years with upward pressure in the Gig economy and commuter space. Min. est R1 Billion annually.
But by opening up the Urban Mass market his then becomes a 320 000 units per year market potential, to be developed.
| Sectors | Automotive, Clean technology, Green transportation and electric motors |
| Location | Cape Town, South Africa |
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