MAX and Kofa Join Forces: Driving Africa's Electric Vehicle Revolution

MAX and Kofa Join Forces: Driving Africa's Electric Vehicle Revolution

By Staff Writer, 20 April 2024

Nigeria’s MAX, a trailblazer in electric vehicle solutions in Africa, and Ghana’s Kofa, a prominent player in energy network innovation, have forged a strategic alliance.

Under this agreement, MAX will provide financing solutions for over 2,000 groundbreaking TailG Jidi bikes, a collaborative creation of Kofa and TailG.

MAX is renowned for democratizing vehicle ownership and electric mobility across Africa through its technology-oriented platform.

Offering a wide array of services, including subscription-based vehicle financing and top-notch electric vehicle selections, MAX ensures comprehensive support services for its clientele.

On the other hand, Kofa focuses on establishing affordable, sustainable, and customer-centric electricity networks, commencing with electric motorcycles.

Collaborating with TailG Group, a prominent Chinese electric vehicle brand, Kofa introduced the Jidi electric motorcycle last October and announced plans for the launch of its second-generation Kore 2 Swap & Go network.

This partnership signifies a pivotal moment in advancing green transportation accessibility in Africa.

MAX’s financing options for the motorbikes will facilitate wider adoption of eco-friendly transportation among individuals and businesses, perfectly aligning with both companies’ visions for a sustainable future.

Source: Tom Jackson / Disrupt Africa

Related Report

The State of the Electric Vehicle Revolution 2023

Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.

Subscribe To Our Newsletter

Stay up to date with the latest news, special reports, videos, infobytes, and features on the region's most notable entrepreneurial ecosystems