Motor Vehicle Manufacturing Startups in Africa
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African automakers are revving up! Shift EV, Salini Impregilo, and others are leading the charge, leveraging local partnerships and tapping into the vast potential of the Pan-African market. Despite challenges, the sentiment among business leaders is positive, recognizing the immense opportunities for growth and innovation.
Cummulative Funding
$9M+
Total # of Companies
2
Total Deal Count
1
Total M&A Count
0
Total # of Investors
4
List of Motor Vehicle Manufacturing startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Shift EV is an electric mobility technology startup with a mission to electrify fleets in emerging markets, one decade faster. | Series A | $ 9,000,000 | 2020 | |
Karaa is building sturdy electric bicycles to make last mile transportation in Africa faster, cheaper and cleaner. | Undisclosed | Undisclosed | 2022 |
Founded
2020
Overview
Shift EV is an electric mobility technology startup with a mission to electrify fleets in emerging markets, one decade faster.
Last round
Series A
Total raised
$ 9,000,000
Employee
51-200
Founded
2022
Overview
Karaa is building sturdy electric bicycles to make last mile transportation in Africa faster, cheaper and cleaner.
Last round
Undisclosed
Total raised
$ 0
Employee
2-10