In the past few months, sets of sturdy, brightly branded battery swapping stations have cropped up around Kenya’s capital, Nairobi, allowing electric motorcyclists to exchange their low battery for a fully charged one.
It is a sign of an electric motorbike revolution starting to unfold in Kenya, where combustion engine motorbikes are a cheaper and quicker way to get around than cars, but are 10 times more polluting.
East Africa’s biggest economy is betting on electric-powered motorcycles, its renewables-heavy power supply, and position as a technology and start-up hub to lead the region’s shift to zero-emission electric mobility.
Photo: REUTERS
The battery swapping system not only saves time — essential for Kenya’s more than 1 million motorcyclists, most of whom use the bikes commercially — but also saves buyers money, as many sellers follow a model in which they retain ownership of the battery, the bike’s most expensive part.
“It doesn’t make a lot of economic and business sense for them to acquire a battery … which would almost double the cost of the bike,” said Steve Juma, the co-founder of electric bike company Ecobodaa.
Ecobodaa has 50 test electric motorbikes on the road and plans to have 1,000 by the end of next year. The bikes sell for about US$1,500 each — about the same price as combustion-engine bikes thanks to the exclusion of the battery from the cost.
After the initial purchase, the electric motorbike — designed to be sturdy enough to traverse rocky roads — is cheaper to run than gasoline ones.
“With the normal bike, I will use fuel worth approximately 700 to 800 Kenyan shillings [US$5.68 to US$6.49] each day, but with this bike, when I swap a battery I get one battery at 300 shillings,” said Kevin Macharia, 28, who transports goods and passengers around Nairobi.
Ecobodaa is one of several Nairobi-based electric motorbike start ups working to prove themselves in Kenya before expanding in East Africa.
Kenya’s consistent power supply, which is about 95 percent renewable and is led by hydroelectricity, has a widespread network, and was a major support for growth of the sector, said Jo Hurst-Croft, founder of ARC Ride, another Nairobi-based electric motorbike start-up.
The country’s power utility estimates it generates enough to charge 2 million electric motorbikes a day: Electricity access in the country is higher than 75 percent, and even higher in Nairobi, the World Bank said.
Uganda and Tanzania also have robust and renewables-heavy grids that could support electric mobility, Hurst-Croft said.
“We’re putting over 200 swapping stations in Nairobi and expanding to Dar es Salaam and Kampala,” he said.
PRICE HIKES: The war in the Middle East would not significantly disrupt supply in the short term, but semiconductor companies are facing price surges for materials Taiwan’s semiconductor companies are not facing imminent supply disruptions of essential chemicals or raw materials due to the war in the Middle East, but surges in material costs loom large, industry association SEMI Taiwan said yesterday. The association’s comments came amid growing concerns that supplies of helium and other key raw materials used in semiconductor production could become a choke point after Qatar shut down its liquefied natural gas (LNG) production and helium output earlier this month due to the conflict. Qatar is the second-largest LNG supplier in the world and accounts for about 33 percent of global helium output. Helium is
STRONG INTEREST: Analysts have pointed to optimism in TSMC’s growth prospects in the artificial intelligence era as the cause of the rising number of shareholders The number of people holding shares of chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) hit a new high last week despite a decline in its stock price, the Taiwan Depository and Clearing Corp (TDCC, 台灣集保) said. The number of TSMC shareholders rose to 2.46 million as of Friday, up 75,536 from a week earlier, TDCC data showed. The stock price fell 1.34 percent during the same week to close at NT$1,840 (US$57.55). The decline in TSMC’s share price resulted from volatility in global tech stocks, driven by rising international crude oil prices as the war against Iran continues. Dealers said
DOMESTIC COMPONENT: Huang identified several Taiwanese partners to be a key part of Nvidia’s Vera Rubin supply chain, including Asustek, Hon Hai and Wistron Nvidia Corp chief executive officer Jensen Huang (黃仁勳), addressing crowds at the company’s biggest annual event, unveiled a variety of new products while predicting that its flagship artificial intelligence (AI) processors would help generate US$1 trillion in sales through next year. During a two-and-a-half-hour keynote address, Huang announced plans to push deeper into central processing units (CPUs) — Intel Corp’s home turf — and introduced semiconductors made with technology acquired from start-up Groq Inc. The company even said it was developing chips for data centers in outer space. At the heart of Huang’s speech was the message that demand for computing power
OPTIMISTIC: Inflation still has a chance of remaining below the central bank’s 2 percent alert level, as Taiwan’s economy is resilient with healthy exports, the NDC minister said Taiwan’s inflation could exceed 2 percent this year if oil prices continue to surge amid escalating tensions in the Middle East, prompting the government to reassess its economic outlook, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. DGBAS Minister Chen Shu-tzu (陳淑姿) told lawmakers at a meeting of the legislature’s Finance Committee that the agency’s earlier growth forecast of 1.68 percent in the consumer price index (CPI) and 7.71 percent for GDP this year did not account for the ongoing Middle East conflict and would need revision, if tensions persist. The previous forecast assumed an average international crude price of