Rwanda Electric Motors announced that it is close to celebrating its 50,000,000th km driven with 100% electric bikes in 2023.
Africa hosts an estimated 27 million motorbikes , out of which 80% is estimated to be used for commercial taxi service. All these motos have the potential to soon be riding on electricity! The motorcycle sector has been getting attention when it comes to electrification due to the large addressable market. Electric motorcycles are also closer to price parity than electric cars are on the continent.
REM is committed to providing a greener, more sustainable form of transportation for Africa and beyond. The company believes that electric vehicles are the future of transportation and is working hard to make that dream a reality. Rwanda has put in place an ambitious green agenda that would convert all its moto taxis from petrol-based internal combustion engines to electric within the next few years.
Demand for these vehicles is very high because of their very attractive unit economics. This has resulted in several firms in the industry reporting significant backlogs in orders and reservations for their vehicles. But rolling out large numbers of such vehicles requires significant funding for the vehicles themselves, and also for the power infrastructure that will be used to charge the batteries.
REM was among the first companies to embrace the e-mobility vision of Rwanda and has developed unique features for its motorbike fleet, such as “retrofits.” Retrofitting consists of transforming an old gasoline motorbike into a fully electric one, at a fraction of the cost of buying a new electric bike. In 2023 REM is now looking at mass expansion of its fleet deployment in Rwanda, to meet the country’s goal of converting 100% of its moto taxi community to electric.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
General Motors Parma Metal Center highlights $46 million in recent upgradesAs the demand for trucks and large SUVs continue, those at GM Parma Metal Center told News 5 they're keeping busy building parts for models including the GMC Canyon and Chevrolet Colorado.
Read more »
General Motors signs deal with GlobalFoundries for exclusive U.S. semiconductor productionGM has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of U.S.-produced semiconductor chips.
Read more »
Ellen DeGeneres' Campus in Rwanda Honors Stephen 'tWitch' BossThe campus included a tribute to the late dancer among its one-year anniversary celebrations.
Read more »
Ford's Jim Farley, Jimmy Fallon, “Checo” Pérez Race Electric Go-KartsOn the heels of Ford's related announcements, the video features Jimmy Fallon racing world-famous Formula 1 driver Sergio 'Checo' Pérez in electric go-karts.
Read more »
The Mercedes eSprinter Wants to Electrify Your DayThe all-electric eSprinter points the way to the future of Mercedes-Benz vans.
Read more »
Electric Vehicles could become more difficult to buy in MississippiA bill at the State Capital has quickly been passed in the House that could make it difficult for some electric vehicle models like Tesla to be bought and sold in Mississippi.
Read more »