e-motorcycles News of 10/23/19
Africa Roundup: Goldman Backs kobo360, Rwanda Commits To EVs, Interswitch IPO Update
Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber -like app that connects truckers ...
Rwanda To Phase Out Gas Motorcycle-Taxis For E-Motos
The government of Rwanda will soon issue national policy-guidelines to eliminate gas motorcycles in its taxi sector in favor of e-motos. The country’s president Paul Kagame previewed the plan last week . “We will find a way to replace ...
Africa’S Ride-Hail Markets Are Hot Spots For Startups And VC
When it comes to VC, vehicles, and startups, Africa’s ride-hail markets are becoming a multi-wheeled and global affair. The big players such as Uber and Bolt are competing in Kampala and Nairobi—where in addition to car-service—they offer ...
Africa Roundup: Yamaha Backs MAX, Founders Factory And Norrsken Support Startups, Inside Ethiopia’S Tech Scene
Competition in Africa’s two-wheel ride-hail market is accelerating. Nigerian motorcycle transit startup MAX.ng was the latest startup to add funding, raising a $7 million funding round in June with participation of Japanese manufacturer ...
Supercross To Debut First EV Class And Tap Startups To Go Digital
Motorcycle racing series Supercross will add e-motos and more digitization to its franchise (aided by startups) in the near future, according to Director of Operations David Prater. The sport—where riders race high-performance machines on jump ...
Zero Motorcycles Leads In Electric Motorcycles As BRP Scoops Up Alta’S Remains
As the mobility world awaits Harley Davidson’s EV debut, there’s plenty of motion in the e-moto startup space. Zero Motorcycles unveiled its new 110 horsepower SR/F model in New York this week, offering a 200 mile range, one hour charge ...