SolarTaxi Receives Funding From Persistent To Boost Production

A Ghanaian organization SolarTaxi, which has expertise in electric transportation, has gotten subsidizing from the organization Persistent to widen its item production.

In 2018, Jorge Appiah laid out SolarTaxi as a producer and merchant of electric four-wheel vehicles and two-wheel vehicles under the brand name e-4Ws and e-2Ws, separately. These vehicles are used in deliveries as well as transportation administration enterprises.

The organization likewise has a presence in Tamale, Takoradi, and Kumasi. Online business organizations, for example, Bolt and Jumia are two of SolarTaxi’s most outstanding clients in Ghana. These enterprises utilize SolarTaxi’s two-wheel to convey clients’ requests across Accra.

SolarTaxi’s electric vehicles are intended to be charged at home, despite the fact that the organization plans to create and carry out sun-powered charging outlets as the market develops.

Meanwhile, the SolarCampus application will before long be accessible for download. This product will give students access to e-transportation benefits and permit them to make orders brought by e-bicycle.

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Persistent, a financial backer and pioneer in the e-portability and off-grid in Sub-Saharan Africa, has given financing to these activities.
Persistent has made twenty beginning phase interests in business and modern sun-based pay-as-you-go solar merchants, mini-grid developers, versatility organizations, and innovation empowering agents.

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SolarTaxi is the fourth investor in an electric vehicle embraced by Persistent. SolarTaxi can have enough working cash flow to satisfy significant agreements and orders for its electric vehicles with the help of its financing and the capacity building it has embraced.

Our way during that time has been set apart by determination and difficult work, from assembling our model vehicle to getting a seed venture from Mastercard Foundation, our principal accomplice. From that point forward, we needed to show the reasonability of the business idea by exposing the fundamental model by growing the extent of our activities all through four different areas in Ghana.

The achievement that we have had so far might be credited to the guidance that we have gotten from our colleagues, clients, financial backers, and dedicated individuals in our labor force. As we clear our way to progress, one of our objectives is to extend the extent of our ongoing business exercises by making an assembly manufacturing plant in Ghana to create motorbikes and different vehicles.

Considering this, we are more than happy to declare that Persistent has joined the SolarTaxi family. They concur with our vision as well as committed their assets to guarantee its prosperity.

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The most recent responsibility from Persistent exhibits the organization’s confidence in both our group and our general business methodology. Furthermore, this subsidizing empowers SolarTaxi to get the help we expect to understand our drawn-out objectives.

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