SIX-EV, the pioneering electric motorbike company leading the way with automated battery swap stations in Africa, is excited to announce the appointment of Deloitte Ghana as its primary capital raise adviser.
This strategic collaboration marks a pivotal advancement in SIX-EV’s plan to secure capital and expand its innovative electric motorbike and swap station network across the African continent.
Following the successful pilot phase of its state-of-the-art electric motorbikes and swap stations, SIX-EV is now poised to scale its operations, starting with Ghana and Nigeria.
The capital raised will support the rollout of a comprehensive commercial fleet, upgrading the existing battery charging and swap infrastructure. Further expansion into Ivory Coast, Senegal, Mali, Niger, and Burkina Faso is planned, alongside enhancements to its product and service offerings.
“Deloitte Ghana will provide capital raise services with the goal of securing financial investment from financiers by the end of the agreed period under the engagement “according to Franklin Omene, Group Chief Financial Officer of SIX-EV.
"This initiative goes beyond a traditional business venture; it represents a crucial social intervention aimed at creating entrepreneurs out of the many young people across Africa who rely on the delivery sector for their employment. We are also committed to CO2 reduction targets to save our planet as we embark on this venture," Omene emphasised.
As part of this model, delivery companies will on- board the motorcycles, while SIX-EV will continue to invest in the swapping network infrastructure across the major cities in Africa.
Riders will benefit from the convenience of a mobile app that allows for seamless battery swaps at automated stations, eliminating the need for human interaction.
This partnership with Deloitte Ghana marks a pivotal moment for SIX-EV as it continues to revolutionize transportation and drive economic growth across the continent.
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