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Electromobility in two- and three-wheeled vehicles

Implementation of a low-emission mobility alternative, promoting a just energy transition and the development of popular economies.

Summary


Objective

Implement an alternative mobility solution based on two- and three-wheeled vehicles powered by electricity, supported by charging stations for bicycles, motorcycles, and electric tricycles.

Key Goals

  • Model demand and identify beneficiaries.
  • Establish mechanisms and guarantees for vehicle loans.
  • Develop charging infrastructure.
  • Fine-tune the complete system.

Market Opportunity

Fossil fuel consumption by two-wheeled vehicles accounted for 30% of land transport consumption in 2023. The electric bicycle market grew by 150% in 2020 and is expected to continue expanding, especially in large cities with delivery platforms.

ESG Considerations

Environmental: Decarbonization of transport, use of renewable energy, and battery recycling.

Social: Democratization of energy, creation of new jobs, and development of grassroots economies.

Governance: Education on sustainability and strategic alliances between government, industry, and communities.

Financial Indicators


IRR

26%

NPV

1 million USD

Project Timeline


Planning and Data Collection

Duration: 3 months

Energy Demand Modeling

Duration: 4 months

Implementation of Energy Systems

Duration: 12 months

Vehicle Delivery

Duration: 12 months

Monitoring and Reporting

Duration: In perpetuity

Business Model


Key Partners

  • Ministry of Mines and Energy
  • FENOGE
  • Ministry of Transport
  • Local communities

Key Activities

  • Installation of charging infrastructure
  • Provision of loans for vehicle replacement

Value Proposition

  • Access to electromobility for grassroots economies
  • Efficient and sustainable mobility
  • New job opportunities and community development

Customer Segments

  • Owners of 2- and 3-wheeled vehicles
  • Urban and rural communities
  • Companies seeking decarbonization

Revenue Streams

  • Investment recovery through credit programs
  • Income from energy sales at charging stations

Cost Structure

  • Implementation and maintenance costs
  • Costs associated with managing the credit program
  • Operating costs of charging stations

Risk Plan


Event Probability Impact Rating
Technological complexity Medium High Significant
Financial and logistical challenge Medium High Significant
Social risk Low High Manageable

 

12 Millones USD

STATE: In progress
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In progress 12 Millones USD