(Togo First) – M Auto Electric Mobility, an electric automotive maker primarily based within the Adétikopé industrial zone, has formally launched two manufacturers of electric bikes on May 22, 2022. The bikes had been offered to the media throughout a press assembly held on the 2 février resort.
There is the Chap Chap mannequin which prices CFA900,000 and the Commando mannequin which prices CFA1,179,000.
“Pay as you go” and Mobile Money
The bikes might be bought in instalments or totally. Both models might be paid over 36 months, making cell cash (Flooz or T Money) funds 25 days per thirty days. Buyers of the Chap chap models pays CFA999 per day whereas these buying the Commando mannequin are to pay CFA1,299 per day.
M Auto additionally mentioned it might promote the bikes’ batteries everywhere in the nation, leveraging partnerships with varied fuel-selling corporations. Among others, it reached agreements with TotalEnergies, Somayaf, and Energium. In the long term, battery swapping websites needs to be opened in 200 fuel stations.
“M Auto’s long-term ambition is to have a battery-swapping station every one kilometer,” the agency mentioned.
Charging a battery prices CFA1300 and a fully-charged battery can final over a distance of 75 km, based on Emmeline Brutus, mission supervisor at M Auto.
A manufacturing plant coming quickly
After beforehand saying an meeting manufacturing facility within the nation, M Auto now says it needs to open a manufacturing plant in Togo. The plant, the agency says, which is being constructed and needs to be accomplished subsequent yr, will generate 3,000 jobs in Togo and Benin, based on Yasmeen Jawaharali, co-founder of M Auto.
“Togo has a large fleet of two-wheelers for commercial use and government policies that are very favorable to the establishment of local electric vehicle manufacturing units. This is a great opportunity for M AUTO,” added the co-founder.
To date, about 300 M AUTO bikes are in circulation in Togo.
Green investments
M Auto is usually owned by Africa Transformation and Industrialization Fund (ATIF), a fund primarily based in Abu Dhabi and targeted on trade and financial growth in Africa.
One of the fund’s associates, Shegun Adjadi Bakari, is a former senior advisor to President Faure Gnassingbé. Bakari believes that M Auto is “a technological and quality product for African populations” of their vitality transition.
Ayi Renaud Dossavi