Ampersand assembles and distributes electric motorcycles, or “bodas,” in Rwanda and Kenya. The company also operates a network of charging stations to offer its customers an innovative model called “battery swapping.”

This business model allows motorcycle drivers to buy an electric motorcycle without expensive batteries and enjoy a cleaner vehicle with significantly lower fuel and maintenance costs compared to internal combustion engine (ICE) two-wheelers.

Founders: Josh Whale & Alper Tilev
Year: 2014
Sector: Productive use of energy
Fund: Gaia Energy Impact Fund II
Area: Rwanda, Kenya
Site: http://ampersand.energy