Backed up by the Africa Transformation and Industrialization Fund (ATIF), M Auto’s mission is to provide access to innovative and sustainable electric mobility solutions to improve the quality of life of their customers and therefore enable a new e-mobility lifestyle that is affordable, digitally-enabled, and custom made to provide the best experience in various geographies.
With over 2000 bikes already sold and running , plus 2 million kms driven and over 2500 pre-orders waiting for delivery, M auto becomes the largest electric vehicle company in Africa by the number of bikes on the road and by the size of secured funds in a record 3 months of operation, such a great milestone! M Auto will now be able to expand in other countries on the continent and also accelerate its current growth in existing markets.
“Our success over the last few months confirms that our customers on the continent have been waiting for solutions that are environment friendly, effective and affordable. We continue to ensure that we have a large network of swapping stations to allow our users to access recharging easily. We will also introduce a new model ‘’Commando’’on the market in the starting next week. We are growing fast and looking forward to introducing the M auto experience in new markets.” said Shegun Adjadi Bakari, partner at ATIF and CEO of M Auto.
About M Auto :
M Auto is a leading EV company offering ‘mobility as a service’ on the African continent. Currently operational in Benin and Togo, Its cost-effective and convenient mobility solutions are a source of great traction on the market and promote environmental sustainability in Africa.
For more information on M Auto, please visit www.mautoafrica.com
Senegal’s attempt to diversify its fuel supply by turning to Nigerian crude is bumping up against ha...
• UAC of Nigeria acquired CHI Limited, known for Chivita juices and Hollandia dairy, from Coca-Cola ...
• Nestlé, NGOs urge against delay, propose grace period instead• EU cites technical hurdles, trading...
• AfDB chief Sidi Ould Tah met BOAD president Serge Ekué in Abidjan on Aug. 30.• Talks focused on jo...
Financial professionals gathered in Dakar on September 25 for the Structured Finance Africa Forum (S...
• PRASA reports 77 million passengers in 2024/25, nearly twice the previous year• Revenues reach 708 million rand, supported by 21.1 billion rand in...
• Canadian Sintana buys UK-based Challenger Energy in all-share deal worth $61 million• Merger covers offshore assets in Uruguay and Namibia’s PEL...
• Guinea-Bissau now expects to export 250,000 tons of cashew nuts in 2025, up 25% from its initial forecast.• The country has already exported 180,000...
• Mali’s state-owned SOREM signed an agreement with U.S.-based Flagship Mining to restart production at the Morila gold mine, which holds 2.5 million...
The Cape Floral Region is one of the world’s biodiversity hotspots and a source of ecological pride for South Africa. Located in the southwestern part of...
The city of Kilwa, located on the southeastern coast of Tanzania, represents one of the most fascinating chapters in the history of the Indian Ocean....