Chinese EV Maker BYD Partners with Rwanda’s Ampersand for 40,000 E-Motorcycles 🇷🇼
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Chinese EV giant BYD has teamed up with Rwanda's Ampersand to manufacture 40,000 electric motorcycles in Kenya and Rwanda by 2026. This partnership aims to capture a significant share of Africa's rapidly growing electric motorcycle market, projected to reach $4.87 billion by 2024. Ampersand's innovative approach and BYD's battery expertise promise a transformative impact on the continent's transportation landscape.
🌍 Big News in E-Mobility: BYD, a leading Chinese electric vehicle manufacturer, has partnered with Ampersand Rwanda to produce 40,000 electric motorcycles in Kenya and Rwanda by the end of 2026. This strategic move aims to dominate Africa's electric motorcycle market, which is expected to hit $4.87 billion by 2024.
🔋 Key Highlights:
- Ampersand's Ambition: Founded in 2016 by Josh Whale, Ampersand is dedicated to revolutionizing Africa's transport sector with electric bikes. The company operates 45 charging stations across Rwanda and Kenya.
- BYD's Expertise: BYD will leverage its proficiency in affordable, compact batteries to boost the East African market. Despite challenges in Europe and the US, Africa presents a new growth opportunity.
- Government Support: Favorable policies in Rwanda and Kenya, such as no import duties on electric vehicles and rent-free charging stations, have attracted significant investments from various EV companies.
- Environmental Impact: Electrifying Africa’s motorcycle taxis could cut emissions, improve air quality, and save drivers up to 45% annually on fuel and maintenance costs.
🚀 Future Prospects: With plans to expand production to 4,000 electric cars and buses in Kenya next year, BYD sees Africa as a promising market. Ampersand's CEO Josh Whale emphasizes the massive potential for economic and environmental benefits through this electrification initiative.
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