You can now trade your used fuel car for an EV

Dear subscriber, this is a prototype. Please help us with feedback and tips. Press reply.

Kenyan used car company Peach Cars will allow customers to trade in their used fuel vehicles to get electric ones. If a customer has a used car, they can sell it through Peach and get an EV replacement, most likely by adding extra cash as EVs are costlier. This is being done through a partnership with Moja EV, a local EV importer. Peach also offers financing for car purchases. 

  • The trade-in programme directly addresses one of the biggest barriers to EV adoption: High upfront cost. This is particularly significant in a market where used cars are prevalent. 

  • The number of used EVs put up for sale in Africa is also growing. Peach’s trade-in programme caters for swapping used EVs for new ones as well. 

  • Our take: This has the potential to fast-track EV adoption on the continent if implemented wellRead more (2 min)

Greenwheels Africa, a Kenya-based EV fleet management company, is set to expand to West Africa, starting with Ghana. Founded in 2023, the firm has rapidly built a strong presence by partnering with leading EV players in Kenya, including Roam, Stima Boda and Arc Ride. It also secured a position as the official electric boda boda partner for Uber.

  • Greenwheels operates a B2B model of leasing out drivers and electric motorcycles. By offering both, it takes on the full responsibility of fleet management, including maintenance, charging and driver operations. 

  • The company hopes to disrupt the Ghanaian market, where existing companies focus on B2C sales. Demand for electric motorcycles in Ghana is high, with companies like Wahu Mobility, Kofa and Solar Taxi battling for market share. 

  • Our take: Greenwheels should be able to find partners in Ghana to replicate its business model… Read more (2 min)

Egypt’s decision to increase electricity prices for charging stations by 93% to EGP 2.34 per unit (equivalent to $0.48) was the main policy change in Mobility Rising’s monthly Policy Tracker. The increase was announced early this month and is Egypt’s first price change since February 2022. It is not yet clear how big an impact this will have vehicle sales.  

  • Mobility Rising tracks policy changes affecting EVs across Africa. This includes changes in tax rates, incentives, import restrictions, charging tariffs, product standards among others. The tracker is updated monthly.

  • The majority of African countries start their fiscal years in July or January, which is when most policy changes are implemented. 

  • Our take: In an era of growing power price increases, charging companies that invest in cheaper off-grid solutions benefit… Read more (2 min)

Jiankang Jack Lu (left), COO of TankVolt, hosts Marak Motor's CEO Mr. Tesfaye at TankVolt’s Ethiopian facilities

Events

📅 Book your ticket to Smarter Mobility Africa in South Africa (Oct 1)

📅 Attend the Africa E-Mobility Week Summit (Oct 14)

📅 Attend Auto Tech Expo in Egypt (Oct 24)

Jobs

Join Zeno as an electrical technician (Uganda)

🛠️ Become a maintenance lead at Greenwheels (Ghana)

📝 Apply for Procurement Officer’s role at Dodai (Ethiopia)

Various 

📊 Pre-order Uganda end-user’s perspective report on e-mobility by HiPipo 

💰 Apply now to the Jasiri Growth Accelerator Program

📦 Bolt launches parcel delivery services in Kenya

Seen on LinkedIn 

Alex Munene, Founder of Advanced Mobility Centre, says, “The biggest blind side that most people have about electric vehicles is that they are just like fossil fuel vehicles, but with a different energy system.”