Home Forums African Products Showcasing M AUTOS: AFRICA’S LARGEST E-VEHICLE COMPANY.

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    Victory Amah

      M Autos is a leading source of sustainable transportation offering ‘mobility as a service’ on the African continent, with innovative systems that accelerate earning potential through productive asset ownership. Its cost-effective and convenient mobility solutions foster inclusiveness and promote environmental sustainability in Africa.

      On 21 May 2022, the e-mobility startup launched in Togo and Benin with a music concert in each country. M Auto became Africa’s largest electric vehicle startup with 500 e-bikes on the ground and 3 000 bikes ready for market.

      Their mission is to provide access to innovative and sustainable electric mobility solutions to improve the quality of life of all African users. They believe that Africans deserve quality, affordable technology to be their bosses. The startup enables Africans to cultivate an entrepreneurial lifestyle by creating an e-mobility experience that is green (zero carbon emissions), affordable (less than 2 dollars/day), digitally enabled (IoT enabled system), and offers an unparalleled mileage range via swappable charging battery stations

      “Benin and Togo have the biggest demand for commercial two-wheelers and progressive government policy for domestic manufacturing in the energy transition. M Auto has been welcomed to build manufacturing capacity in the industrial zone that will boost home-grown innovation and sustainable development in the long-term,” the co-founder, Yasmeen Jawaharali explained.

      M Auto built its factories in Togo and Benin that manufactures exclusive and specially designed for the African market, e-bikes, and batteries allowing for the creation of more jobs and ensuring that the process is by Africans for Africans. Benin and Togo are just the starts; Jawaharali’s ambition is to quickly expand into neighboring markets and further afield after the foothold is established.

      M Auto is backed by the Africa Transformation and Industrialisation Fund (ATIF), an Africa-focused investment fund. Shegun Adjadi Bakari, a partner at ATIF who has over 15 years of experience in Finance and Project Finance in both the European and African markets, believes that net zero can only be achieved in Africa. He maintains that through the adoption of a clean energy transition which results in job creation, Africans can be lifted out of poverty. “Solutions to real-world problems and opportunities for people to step up the income ladder are the only way to get Africa to net zero,” he explained. “The investment in M Auto is fully aligned with ATIF’s vision and mission to accelerate Africa’s industrial transformation and ecological transition while creating jobs and lifting people out of poverty.”

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