Electric Mobility Startups in Africa
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Electric mobility in Africa is picking up pace, driven by rising fuel prices and government incentives. Local business leaders are optimistic, citing potential for job creation and environmental benefits. However, infrastructure challenges and high vehicle costs remain hurdles. The key to success lies in collaboration between governments, businesses, and development organizations to create a supportive ecosystem.
Cummulative Funding
$34.5M+
Total # of Companies
2
Total Deal Count
4
Total M&A Count
0
Total # of Investors
13
List of Electric Mobility startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
African EV startup building motorcycles, batteries, and energy infrastructure. | Series A | $ 34,500,000 | 2021 | |
Repurposing retired batteries for sustainable energy storage solutions. | Undisclosed | Undisclosed | 2021 |
Founded
2021
Overview
African EV startup building motorcycles, batteries, and energy infrastructure.
Last round
Series A
Total raised
$ 34,500,000
Employee
11-50
Founded
2021
Overview
Repurposing retired batteries for sustainable energy storage solutions.
Last round
Undisclosed
Total raised
$ 0
Employee
2-10