Munzir Hakimi
Ampersand Rwanda has secured a pivotal partnership with Chinese electric vehicle and battery giant BYD to manufacture 40,000 electric motorcycles in Kenya and Rwanda by 2026. This collaboration aims to tap into the fast-growing African electric motorcycle market, which is projected to reach US$4.87 billion by 2024, according to Statista.
Founded in 2016 by Josh Whale, Ampersand has become a leader in deploying electric bikes in Rwanda and Kenya. Supported by investors like the Ecosystem Integrity Fund (EIF), the company operates 18 charging stations in Kenya and 27 in Rwanda. By leveraging BYD’s battery manufacturing expertise, Ampersand aims to expand its presence in East Africa further.
Facing global expansion challenges due to increased US tariffs, BYD sees Africa as a promising market. The company has established a production facility in Kenya, planning to produce 4,000 cars and buses next year, aligning with Africa’s rising demand for electric vehicles.
Rwanda and Kenya have emerged as hubs for electric vehicle investments, thanks to government initiatives such as zero import duties on electric vehicles and supportive e-mobility policies. Kenya’s National E-mobility Policy, introduced in April, promotes local battery manufacturing and EV component production, attracting investors like Ampersand and BasiGo.
Ampersand advocates for the environmental and economic benefits of transitioning to electric two-wheelers. This shift is expected to save drivers 45% annually on fuel and maintenance costs, fostering economic growth and social mobility in Africa.
In conclusion, the partnership between Ampersand and BYD marks a crucial step towards sustainable transportation in Africa. With favorable government policies and growing investor interest, the electric vehicle market in Rwanda and Kenya is set for rapid expansion in the coming years.
