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    BasiGo Secures US$ 4.3 Million for its Electric Bus Business

    Jackson
    By Jackson Okoth
    - February 09, 2022
    - February 09, 2022
    Global NewsKenya Business news
    BasiGo Secures US$ 4.3 Million for its Electric Bus Business

    BasiGo, a Kenyan electric bus company has announced a US$4.3 million Seed funding round, led by Novastar Ventures with participation from several Silicon Valley investors including: Moxxie Ventures, Nimble Partners, Spring Ventures, Climate Capital, and Third Derivative.

    According to a statement from the company, the drive will help BasiGo commercialise its electric bus business model and launch local assembly of electric buses in Kenya.

    The e-mobility company has since brought two 25-seat electric buses to Kenya, which are currently undergoing performance and reliability testing in Nairobi.

    The company to pilot the electric buses beginning this March

    The buses will enter pilot operation with select bus operators in Nairobi beginning in March 2022.

    BasiGo sources electric buses from BYD Automotive, the largest electric bus manufacturer in the world.

    These buses can travel up to 250 km on a single charge and offer a more modern and comfortable passenger experience, including USB charging and WiFi connectivity for all passengers.

    Furthermore, BasiGo has also opened a charging and servicing depot for electric buses located adjacent to Nairobi’s Jomo Kenyatta International Airport.

    ALSO READ: Kenya Power to Install Charging Points for Electric Cars Countrywide

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