Solarbox Africa, a leading eMobility solutions provider in West Africa, has successfully closed a $1 million pre-seed funding round to accelerate the growth of its innovative electric mobility solutions. The funding, led by prominent early-stage investors such as Digital Energy Facility, Launch Africa Ventures, and Teranga Capital, will enable Solarbox to meet the rising demand for clean, sustainable transportation options in Senegal and neighboring regions.
In under a year, Solarbox has showcased its ability to revolutionize the transportation landscape by offering custom-designed light electric vehicles. These vehicles feature solar charging and advanced fleet management solutions, providing an eco-friendly alternative to traditional gasoline-powered vehicles. By promoting cost-effective and renewable energy-driven mobility, Solarbox aims to reduce Senegal’s reliance on imported petroleum and tap into the country’s vast solar potential.
The company’s electric vehicles have already shown impressive cost savings and environmental benefits. Through a partnership with ORANGE ENERGIES PRIVATE LIMITED, Solarbox’s vehicles have proven to be significantly cheaper, costing just $2.50 for every 100 km driven compared to $5.50 for gasoline vehicles. This translates into up to 60% savings for users, while each vehicle generates 10.8 MWh of renewable energy annually and cuts carbon emissions by 10 tons per year, contributing to the region’s climate resiliency efforts.
Solarbox has also forged key partnerships with major corporations like FedEx and Paps Logistics, positioning itself as a leader in the African electric mobility market. These partnerships not only support the company’s growth but also demonstrate its commitment to sustainable transportation solutions. Solarbox is rapidly expanding its presence, setting a clear mission to drive Africa’s transition to sustainable energy, reduce reliance on costly petroleum imports, and promote clean transport.
The company’s growth is a testament to the potential of Africa’s emerging clean energy market, where solar-powered electric vehicles can create significant economic and environmental value. Solarbox is leading the way in transforming the mobility sector by integrating renewable energy with transportation, thus setting a new standard for sustainability in Africa.
With the support of this recent funding, Solarbox is well-positioned to scale its operations, expand its fleet, and continue its mission of advancing clean mobility solutions across West Africa. The company is paving the way for a greener future, not only in Senegal but also in the wider African continent.
#eMobility #SolarEnergy #CleanTransport #ElectricVehicles #RenewableEnergy #ClimateAction #Sustainability #AfricaInnovation #TechForGood #GreenMobility #EnergyTransition
