Location
SenegalSector
EV's & Battery TechStage
ImplementationMbay Mobility sells context-adapted, value-for-money EVs in West Africa, to help combat air pollution in big urban centres, and climate change globally. These EVs cost just $20k, and save 70% on fuel costs, so amortise in just 2.5 years. Clients can also acquire them on credit for an initial down payment of just $6k, thanks to Mbay Mobility’s fintech solution, which unlocks formal bank loans.
This reduced acquisition price increases affordability, accelerates uptake, and maximises impact on air pollution and climate change.
Mbay Mobility also sells domestic charging wallboxes, so no pre-existing charging infrastructure is needed, as the 250-300km range is ample for most use-cases to use the EV during the day, and come back to base and charge again.
Investment Needs
$500 000Investment Project Type:
PrivateInvested Value to Date:
$350 000Funding Gap:
$500 000Climate Classification:
Cross Cutting
Contact Us
VUKA is the trusted media partner to key professionals, policy makers, suppliers and
manufacturers. We provide unparalleled opportunities for industry-wide connection.
