OKOA Energy operates an interoperable battery‑swapping network for electric motorcycles across Africa, letting riders exchange depleted packs for fully charged ones in about five minutes at franchise locations such as fuel stations and local shops. The rider app and operator dashboard provide real‑time station mapping, battery status, mobile payments, and analytics to reduce operating costs and expand electric mobility.
Funding
Funding not disclosed
Founders
Product
Problem
Electric two‑wheel riders in Africa face high operating costs and limited access to reliable charging infrastructure, which slows the adoption of electric motorcycles and restricts mobility options for users in remote or underserved areas.
Solution
OKOA Energy provides an interoperable battery‑swapping network that allows riders of multiple motorcycle brands to exchange depleted batteries for fully charged ones in about five minutes at a wide range of franchise locations, such as fuel stations and local businesses. The service is coordinated through a rider app that shows nearby swap stations, displays battery charge levels, and handles mobile payments. A turn‑key software platform gives operators real‑time tracking of batteries and stations, advanced analytics for network optimization, and interfaces for franchisees and financiers. By reducing daily operating expenses by up to 40 % compared with fuel‑powered bikes, the solution lowers the total cost of ownership and accelerates electric motorcycle adoption across Africa.
Target Audience
Primary customers are electric motorcycle riders and fleet operators in African markets, as well as franchise partners such as fuel stations, local retailers, and micro‑finance institutions that host swap stations.
Features
- Interoperable battery packs compatible with at least five major motorcycle brands in Africa
- 120 km range per battery with built‑in IoT for secure tracking and status monitoring
- Five‑minute battery swap at any participating franchise location
- Rider app (STIMA Tech) for station discovery, battery level checks, and mobile payments
- Operator dashboard with real‑time fleet tracking, station performance data, and optimization analytics
- Open IP specifications enabling multiple battery suppliers and fostering market competition
- Franchise model that leverages existing fuel stations and local businesses to expand coverage quickly