The project, which is expected to be delivered by the end of next year, is in partnership with ARC Ride, a Battery-as-a-provider.

‘’As Watu, we strongly believe that EV is the future. In recognition of the fact that coming up with the next EV for the African market is an expensive venture, we started investing in ARC Ride to help them in their research and innovation and delivery of bikes responsive to the African market to the ground, ‘’ says Erick Massawe, Kenya Country Manager at Watu.

Arc Ride currently has 76 swap stations in various locations along the Eastlands, Ngong Road, Githurai, Westlands, Kiambu Road, Kabete, Mombasa Road, and Thika Superhighway that serve at least 50 riders per day.

On the other hand, Watu offers asset financing for two- and three-wheeler vehicles.

So far, the company has financed the purchase of over 100 electric assets in Kenya.

Further, Watu’s e-motorbike financing model enables customers to acquire an electric motorcycle for as little as Sh450 daily, promoting sustainable mobility.

“We are expanding our network of automated swapping stations to ensure that electric boda customers can conveniently replace their batteries when the need arises,” ARC Ride, represented by George Songe, said.

“Customers can replace batteries in under a minute for as low as Ksh 350 per day, for unlimited swaps.”