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Two- and three-wheel EVs delivering more emissions reduction than cars

Charged

In India, Hero MotoCorp offers an electric scooter for under $1,800. Battery swapping has been abandoned by most (not all) automakers, but it may find a viable use case in the two- and three-wheel market. Customers use a phone app to unlock a cabinet, and exchange a spent battery for a fully charged one. “We

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

Near-term commitments include 6 GW of clean energy in India alongside considerations for wind and solar in Africa and rural electrification in Latin America. 🛵 Baaz Bikes , a New Delhi, India-based electric scooter manufacturer, raised $8M in Series A funding from Big Capital, Rakuten Capital, Kalaari Capital, and 9Unicorns.  

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? Africa’s inaugural climate summit #165

Climate Tech VC

Battery recycling attracts another big check with a $542M Series D, and food recycling attracts $70M. The summit also sought to highlight Africa as a destination for climate investments, rather than viewing the continent as predominantly a victim of droughts, famines, and floods. In deals this week, decarbonized steel secures $1.6B.

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Our insider's guide to NYCW

Climate Tech VC

In other news, federal interest rate cuts and holds; airlines dropping decarbonization targets; and South Africa's new climate change laws.   Helios Investment Partners , a London, UK-based investment firm, held a first close of its $200m fund that invests in Africa-based climate solutions.  Thanks for reading!

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Ampersand Scales Nairobi Electric Motorcycle Manufacturing Capacity To Meet Kenya’s Growing Demand For Electric Motorcycles

CleanTechnica

New Nairobi factory triples production capacity in Kenya, fueling the county’s transition to electric motorcycles. Ampersand now has 1150 bikes on the roads of Nairobi. There are over 2 million internal combustion engine motorcycles in Kenya. Motorcycles are mainly used as public transport vehicles in Kenya. These motorcycle taxis are.

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BYD & Ampersand To Collaborate On Electric Motorcycles In Africa

CleanTechnica

Ampersand will purchase BYD’s high-tech battery cells to build around 40,000 electric motorcycles by the end of 2026, with the long-term goal of electrifying a large portion of Africa’s 30 million commercial motorcycles. In an exciting development toward electricity in one of the most prominent sectors in the African transport.

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Bboxx Wants To Scale Its Reach 10X To Benefit 36 Million People By 2028

CleanTechnica

Bboxx is a data-driven super platform that is working to help transform lives by unlocking potential through connecting consumers and deploying innovative products across Africa. Following its successful acquisition of solar energy frontrunner PEG Africa in 2022, Bboxx is now positively impacting the lives of more than 3.6

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