Zeno, a startup focused on electric mobility, has recently gained attention after securing $9.5 million in seed funding. The funding will help the company develop a battery-swapping solution for motorcycle taxis, known as boda bodas, in East Africa.
Zeno’s mission is not only to provide electric vehicles but also to tackle significant issues related to energy access and urban transportation in the region.
One of the biggest challenges in sub-Saharan Africa is the lack of reliable electricity. Over 600 million people in this region do not have consistent access to power.
Zeno’s battery-swapping system offers a dual solution: it provides an eco-friendly transportation option while also addressing energy needs at home.
By using swappable batteries, boda boda drivers can charge their motorcycles quickly and efficiently, reducing their reliance on expensive fuel.
Moreover, these batteries could potentially be used to power homes during outages. This means that families could use the same batteries that power their motorcycles to run essential appliances when the electricity supply is unreliable.
This innovative approach not only helps reduce pollution but also empowers communities by providing them with a sustainable energy source.
Zeno understands the unique challenges faced by boda boda drivers, who often spend a large portion of their income on fuel. By offering a subscription model for battery leasing, Zeno makes electric motorcycles more affordable.
Instead of paying a high upfront cost for an electric bike, drivers can pay a smaller fee to lease the battery. This makes it easier for them to switch from gas-powered bikes to electric ones, ultimately saving money in the long run.
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