The Zimbabwean Electric Vehicle (EV) market represents an untapped business opportunity. Electric vehicles are set to increase their presence in Zimbabwe as more people are seeing the benefit of EVs This therefore represents a unique investment opportunity for Ugesi. EV’s have significant benefits which can transform the transport industry in developing countries as well as improve the Balance of Payments from a fuel importing perspective.
ugesi charging stations
Focused on three broad segments:
Hotels and Homes
Shopping Malls and Office Blocks
Fuel Service stations
BENEFITS OF ELECTRICAL VEHICLES
EFFICIENCY
An EV directly converts electricity into movement. This makes it far more efficient than a conventional car, which has to burn fuel (creating heat) and then convert that heat into motion.
GO GREEN
Reduced carbon emissions
SAVE MONEY
Low maintenance costs – (fewer moving parts, no fuel or oil filters, no oil change) . EV’s are much cheaper to run when compared to using fossil fuels
FAST
Electric motors are much simpler than internal combustion engines. Therefore, EVs can provide full torque (the force that drives the vehicle forward) from 0 kilometers, resulting in instant acceleration
NO POLUTION
Zero noise pollution,
SAFER
They are safer because the lower centre of gravity means they are unlikely to roll over, and the absence of fossil fuels greatly reduces fire hazards