To transform the nation’s transportation sector, KarryGo Transport Technology Company, Qoray Mobility, and the Road Transport Employers Association of Nigeria (RTEAN) have signed a partnership agreement to deploy 10,000 units of Qoray Teak electric tricycles within the next 12 months.
The deal, executed in Abuja, aims to reduce fossil fuel reliance, lower carbon emissions, and provide a sustainable, clean, and safer last-mile transportation solution for millions of Nigerians.
This initiative aligns with the Federal Government’s energy transition plan and emphasizes the importance of energy security and clean mobility in supporting Nigeria’s economic growth.
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The project will feature advanced charging and battery-swap infrastructure, along with seamless payment solutions, enhancing convenience and efficiency for transport operators and passengers. Financed by The Alternative Bank, this project represents a commitment to innovative and practical solutions that foster positive environmental and economic change.
The bank’s involvement highlights the viability and potential impact of electric mobility in reshaping Nigeria’s transport landscape for a greener future. Damola Akindolire, Co-founder of KarryGo Transport Technology Company, remarked that the transport sector is vital to Nigeria’s economy, noting that the rising cost of petrol has severely impacted its operations.