We are delighted to support ARC Ride which provides affordable, reliable and clean e-mobility solutions for rapidly developing cities in Kenya. The company is addressing the challenge by providing battery-as-a-service solutions that can reduce the upfront cost of electric two-wheelers and enables quicker battery swaps. Our $5m investment will fund the roll-out of 5,000 electric two-wheelers also known as Boda Boda, and expand ARC Ride’s battery swapping network across East Africa.
"In Kenya, a Boda Boda is more than just a motorbike; it's a crucial part of the transportation system, helping millions of people to commute. That is why electrifying Boda Bodas is essential for creating a green and sustainable future for the country" - Seema Dhanani, CFA
Together we’re supporting the decarbonisation of Kenya’s transport systems, reducing greenhouse gas emission and improving air quality.