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Rwanda’s E-Mobility Provider IZI Secures $222,000 to Expand Electric Bus Fleet

by Iyanu Ale
October 22, 2024
in Business, Startups, Tech
Reading Time: 2 mins read
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Rwanda’s E-Mobility Provider IZI Secures $222,000 to Expand Electric Bus Fleet
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Rwanda’s electric mobility sector is set for further growth as e-mobility provider IZI secures $222,000 in funding to expand its electric bus fleet. The company, which has been at the forefront of introducing sustainable transport solutions in the country, is also focusing on bridging the skills gap in the electric vehicle (EV) industry through a specialized training program.

Alex Wilson, CEO of IZI, highlighted the critical shortage of technicians with expertise in EV technology, warning that this gap could hinder the sector’s growth. To address this, IZI is launching a training initiative aimed at developing a skilled workforce proficient in high-voltage systems, battery diagnostics, and repair. The program is designed to equip technicians with knowledge that is fundamentally different from what is required for traditional combustion engine vehicles, setting the foundation for Rwanda’s growing EV sector.

IZI made its debut in Rwanda in April 2024 by partnering with Kigali Bus Services to deliver five electric buses, a move that marked a significant step toward affordable and sustainable public transportation in the country. In just four months, IZI’s initial fleet has covered over 74,000 electric kilometers, transported more than 250,000 passengers, and reduced operating costs by 38%, while also cutting over 60 tonnes of CO2 emissions. These impressive results are closely tracked through the IZI Connect platform, which provides near real-time data monitoring.

As demand for electric transport solutions increases, IZI has secured contracts with four Rwandan public bus operators, leading to the deployment of over 100 additional electric buses. This expansion reflects the growing interest in electrified public transport, as both operators and commuters recognize the benefits of lower emissions and reduced operating costs.

IZI’s momentum in Rwanda has been bolstered by key partnerships. In June 2024, the company teamed up with the Rwanda Green Fund to promote sustainable transport in Kigali. This partnership resulted in the delivery of five more electric buses to the city, further improving the public transport system and contributing to a reduction in carbon emissions. That same month, IZI launched Rwanda’s first super-fast EV charging station, IZI Fast Charge, at Century Park in Nyarutarama, facilitating faster and more efficient charging for electric vehicles.

Supporting these efforts, the Rwandan government has renewed its commitment to the e-mobility sector by extending a zero-rated import duty on electric and hybrid vehicles until the end of the 2024/25 fiscal year. This policy aims to accelerate the adoption of electric cars and motorcycles while helping the country meet its greenhouse gas reduction targets.

IZI’s continued growth and expansion signal a bright future for Rwanda’s e-mobility sector, as the company positions itself as a key player in driving sustainable transportation across Africa.

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