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Agilitee, a pioneering force in Africa’s green revolution, has secured equity funding of $200 million from an American investor, marking a pivotal moment in its growth and global impact.
This infusion of funding comes at a time when the world is increasingly turning towards smart, clean, and eco-friendly alternatives, especially in the realm of transportation.
Agilitee’s latest innovation, the Agilitee LoadFast delivery scooter, embodies this with its focus on efficiency, durability, and environmental consciousness.
The LoadFast scooter, designed as an off-road vehicle, boasts impressive features such as a range of 120 kilometers per charge, a maximum speed of 70 kmph, and a swappable battery that can be replaced within sixty seconds.
With a capacity to carry up to 150kg of delivery weight, the scooter is positioned as a game-changer in the delivery sector, offering cost-effective and sustainable solutions for businesses.
Founder of Agilitee, Mandla Lamba, believes the future is green and investments in clean and smart technologies are the only way out for a sustainable future.
“The raw materials used to build this model have strengthened its durability to a degree that it is not easy to damage. Agilitee electric vehicles are now in full circulation in South Africa as many delivery companies have opted to use our vehicles for delivery and save a lot on fuel costs,” said Lamba.
The founder noted that companies are saving R5000 per month on petrol costs and they also save on repair costs, since Agilitee vehicles come with a maintenance plan of 100,000 km.
He emphasized the positive impact of Agilitee’s electric vehicles on the market, citing significant savings for delivery companies in fuel and maintenance costs, along with job creation in the driver sector.
In addition to the funding milestone, Agilitee has expanded its global footprint through strategic partnerships.
The company recently joined forces with PT Valencia Utama Group of Indonesia, forming Agilitee Indonesia Group and commencing operations in Indonesia’s robust motorcycle industry.
This move aligns with Agilitee’s goal of promoting clean energy adoption on a global scale, in line with the United Nations’ Sustainable Development Goal number seven.
Agilitee’s commitment to continuous innovation and sustainable practices positions it as a key player in shaping the future of transportation, driving towards a cleaner and greener world.
Stay tuned for the joint statement expected from Agilitee and its American investor in the coming weeks, signaling exciting developments on the horizon for the electric vehicle industry.