Electric motorbike company Ampersand secures $3.5 million investment

Rwanda’s e-mobility company, Ampersand has closed a private investment in electric mobility which will enable the company to increase more electric motorcycles (e-motos).

Ampersand Rwanda assembles electric motorbikes in Rwanda and builds charging systems with plans to reach five million motorcycle taxi drivers in the East African region as part of creating a clean energy motorcycle transport system.

Since its entry in Rwanda in May 2019, the company has been using 20 electric bikes in a trial phase boasting of reduced carboWHENn dioxide (CO2) emissions by 130 tonnes, 1,300,000 km’s driven and 25,000 battery swaps by their e-motorbikes in Kigali.

Read more: KTPress



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