BYD's BEV Sales Surge by 34.5% Despite PHEV Declines: What's Next?

Join the Electric Mobility Revolution: Invest in Roam's Crowdfunding Campaign

Update Kenya's Electric Motorcycle Revolution: A Game Changer in Mobility The narrative of electric mobility in Africa is rapidly changing, and at the forefront of this evolution is Roam, a Kenyan company that has successfully initiated a crowdfunding campaign on Crowdcube to expand its operations. With electric motorcycle registrations soaring from 0% to 10% in the first eight months of 2025 alone, Roam is poised to contribute significantly to both local and continental transportation solutions. Fueling the Demand for Electric Motorcycles The increasing popularity of electric motorcycles, particularly among boda boda (motorcycle taxi) operators, underscores a cultural shift in Kenya’s transport sector. As motorcycle taxi riders recognize the affordability and sustainability of electric alternatives, demand surges, urging companies like Roam to ramp up production. Notably, there are instances of weekly waitlists reaching 700, demonstrating the immense interest and readiness for electric mobility. Roam’s Ambitious Crowdfunding Strategy Unlike traditional fundraising avenues typically reserved for institutional investors, Roam has taken an inclusive approach by inviting private investors from around the world to join their journey. The campaign, which is designed to democratize investment in electric mobility, offers participants the chance to invest on the same terms as institutional players. This first-come, first-served initiative reflects Roam's commitment to community engagement, aiming to transform how electric mobility is perceived and adopted in Africa. Sustainable Manufacturing and Renewable Energy Integration Roam's innovation is further highlighted by their manufacturing capacity at Roam Park, which boasts an annual output of over 50,000 motorcycles. The facility operates using Kenya’s impressive renewable energy grid, with 80% of electricity sourced from clean energy. Such a model not only promotes sustainability but positions Roam as a leader in Africa’s green transition. Partnerships and the Role of Fintech The company’s success is augmented by strategic partnerships with significant players in the fintech space, including M-KOPA. This alignment allows Roam to offer its electric motorcycles through affordable daily micro-payments, making them accessible to a broader base of riders. By integrating payment solutions with electric mobility, Roam is paving a path towards economic inclusivity. Infrastructure that Supports Mobility The establishment of solar-powered charging stations throughout Kenya is another cornerstone of Roam's strategy. This network not only caters to Roam’s riders but aims to support the entire electric motorcycle ecosystem, striving for interoperability across different brands. Roam’s initiatives promise to cater to all electric motorcycle users, enhancing the viability of electric transport in the region. Future Prospects and Growth Opportunities Roam has already demonstrated substantial growth, as illustrated by their 550% revenue increase from 2020 to 2023. The African motorcycle market is valued at over $15 billion annually, and the expectations for further growth remain high, given the continent's booming population and the increasing urge for clean transportation solutions. The focus now shifts to scaling the production and availability of electric vehicles, capitalizing on the momentum generated. The Call to Investors: Participation in Africa’s Green Future Investors are now presented with a unique opportunity to be part of this green transition. Roam’s crowdfunding campaign is not just about financial investment; it’s about transforming the future of African mobility. As CEO Filip Lövström stated, the move toward electrification can redefine urban transport across Africa, making participation in Roam’s journey a chance to contribute to a significant societal impact. In conclusion, Roam's innovative approach to integrating electric mobility within the Kenyan transport sector illustrates a path toward sustainability and economic empowerment for many. By supporting this initiative, investors join a vital movement that could have far-reaching implications for urban mobility in Africa. Contact Roam today to learn how you can be part of the electric mobility revolution!