IZI Electric offers E-Mobility-as-a-Service, a leasing solution that allows public transport operators in Africa to transition their outdated diesel bus fleets to electric power without upfront costs. This service reduces operating expenses by up to 40% through a comprehensive fleet management platform that includes real-time battery monitoring and maintenance support.
Funding
$222K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Public transport operators in Africa face challenges transitioning to electric bus fleets due to high upfront costs and a lack of local maintenance expertise. Many operators rely on outdated, unsafe, and unprofitable diesel buses, contributing to air pollution and greenhouse gas emissions.
Solution
IZI Electric offers an E-Mobility-as-a-Service leasing solution that enables public transport operators in Africa to transition to electric bus fleets without significant upfront investment. This comprehensive service reduces operating expenses through a per-kilometer fee structure and a fleet management platform. The platform provides real-time battery monitoring, proactive maintenance, and data-driven insights to improve fleet efficiency and reliability. By eliminating upfront investment, fuel costs, and maintenance expenditures, IZI Electric simplifies the electrification process and helps operators save up to 40%.
Target Audience
The primary target audience is public transport operators in Africa seeking to transition their diesel bus fleets to electric vehicles.
Features
- E-Mobility-as-a-Service leasing model with a low per-kilometer fee.
- IZI Connect platform for trip planning, scheduling, and operational management.
- Real-time battery State of Health (SOH) monitoring via Vehicle Management System (VMS) integration.
- Preventative battery maintenance to identify and address issues before failure.
- Data analytics providing insights into revenue statistics and passenger traffic volumes.
- Battery lab in Kigali, Rwanda for repair, maintenance, and battery performance optimization.