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E-mobility startup M Auto becomes the largest electric vehicle company in Africa

Monday, 26 September 2022 14:13
E-mobility startup M Auto becomes the largest electric vehicle company in Africa

(M AUTO) - 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

2358 mauto

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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