article thumbnail

Ampersand Secures $9 Million Debt Facility From US International DFC To Scale Operations

CleanTechnica EVs

A number of startups focused on electrifying the motorcycle and motorcycle taxi (boda-boda) market have now entered the boda-boda space in Kenya, Uganda, and Rwanda. They have adopted several models, including battery leasing and swapping services, hoping to entice boda-boda operators with the lower opex costs of electric motorcycles.

Rwanda 114
article thumbnail

More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

Suzuki Motor Group’s first battery-electric vehicle will be unveiled at the end of the year and exported to Japan and Europe,” he added Toshihiro Suzuki stated in his address that Suzuki will invest Rs 3,300 crore in Suzuki Motor Gujarat, which will produce 2.5 This will lead to 1.7 times more production and 2.7 lakh to one million.

Green 52
article thumbnail

The Global Outlook of Electric Vehicles

Blink Charging

However, there are still challenges ahead, most notably with procuring the raw materials needed for battery production. This is partially due to the cost of EVs in these countries, but also with a relative lack of charging infrastructure. Europe has also invested in domestic battery development to increase its own market share.