Roam Electric Motorcycles 2

Kenya

Roam Electric Motorcycles 2

Roam

Invester i en virksomhed

+ 466 andre investorer

With an investment of EUR 165,000 new partner Roam will be able to increase delivery of the newly launched electric motorcycle Roam Air for taxi entrepreneurs in Kenya. This delivery concerns 80 completely new electric motorcycles that will help the same amount of entrepreneurs to grow their business in a sustainable way.

€165,000

Beløb

5.50%

Interesse

3 måneder

Modenhed

3 måneder

Tilbagebetalinger

EUR

Valuta

Beløb	€165,000
Interesse	5.50%
Modenhed	3 måneder
Tilbagebetalinger	3 måneder
Valuta	EUR

100%

Fuldt finansieret på 3 dage på 28 April 2023.

Projektet

About

Roam is a Swedish/Kenyan company that designs and develops electric mobility products for emerging markets, with a focus on electric motorcycles and electric buses for the East African market. The company started in 2017, and has since grown into an international team of 120 employees, with 40% women. Today, the company has an assembly facility for electric motorcycles in Nairobi, Kenya and a partnership with a local bus assembler for their co-designed electric buses. Tenor only 3 months!

Mission

Roam designs and develops electric vehicles for emerging markets, focusing on bringing suppliers, manufacturers, financiers and partners together to enable the deployment of reliable, connected and accessible electric vehicles.

Vision

Electrifying the African transport and energy system.

Use of Proceeds / Loan purpose

With a EUR 165,000 inventory facility, Roam will be able to increase delivery of the newly launched electric motorcycle Roam Air for motorcycle taxi entrepreneurs in Kenya. This facility will enable a large group of low income earners to faster access this product which in turn can increase their daily savings by more than 50%. The Roam Air is locally assembled and can be charged in private or public electricity outlets or used with swappable rental batteries, some of which will be operated by the company. Roam already has signed contracts with asset finance companies and distributors that will onboard the drivers and offer them a pay as you go solution over 12 to 18 months so they can start saving from day one.

Virksomhedens navn	Roam
ADMINISTRERENDE DIREKTØR	Filip Lövström
Grundlagt	2018-03-01
Beliggenhed	Nairobi
Sektor	Bæredygtige energiprojekter
Omsætning	€1,800,000
Medarbejdere	120
Kreditvurdering	B

Påvirkning

Roam fører an i overgangen til elektriske køretøjer i Afrika med sine lokalt designede og producerede elektriske motorcykler og busser. Ved at fjerne en benzinmotorcykel fra vejen og i stedet indføre en elektrisk motorcykel kan man udligne så meget som 1,67 ton CO2 pr. motorcykel om året, beregnet ud fra det gennemsnitlige kørselsmønster for motorcykeltaxa-entreprenører i Nairobi, Kenya. Det anslås, at Roam's samlede miljøpåvirkning i løbet af de næste 5 år for alle deres produkter (>1 mio. tons CO2 i 2026) vil udgøre 2 % af Kenyas mål for reduktion af drivhusgasemissioner i 2030.

Virksomheden har 100 ansatte, hvoraf 40 % er kvinder. Desuden forventer Roam at tilføje mere end 2.000 direkte og indirekte job til markedet inden 2024. At gøre elektriske motorcykler tilgængelige løser et problem for en stor gruppe af unge motorcykeltaxachauffører. Disse iværksættere er typisk lavtlønnede, som kæmper med stigende benzinpriser og den stigende arbejdsløshed. De pay-as-you-go-tjenester, der tilbydes af Roam, giver chaufførerne mulighed for at begynde at spare op fra dag ét og øge deres indkomst med 50 %.