We are Powering e-mobility in Nigeria.
Swap Station Mobility ("SSM") is Nigeria's first integrated B2B electric vehicle and transport energy platform
Our Business Model
Swap Station Mobility Limited (SSM) has built a B-2-B platform that provides access to electric vehicles (2 and 3 Wheelers), swap station infrastructure, swappable batteries and a hub for repairs and maintenance services for 2-wheeler EVs last mile delivery companies and offtakers in Africa.
Pay as you ride model.
SSM offers a unique “pay as you ride” model. Off-takers can choose from buying a bike outright, renting, or lease to own. Our month-to-month subscription plan also covers insurance, services, maintenance and an agreed number of swaps per day depending on the package.
Swap Station Hub.
Battery swapping is a proven way to decrease EV costs and ensure quick, effective charging. This also addresses the common challenge of purchasing new battery packs given the higher upfront cost of EVs. We will be introducing the largest battery swap inter-change network leveraging world-class infrastructure.
The Team.
Our partners are last mile logistics / delivery companies that operate the electric bikes directly or through a rider program.
Mr Obiora Okoye.
Co-founder
Former Head of Energy Development, GE Nigeria with about 19+ Years Experience in Project development, Infrastructure and Clean Energy Financing.
Mr Abiodun Oni
Co-founder
Former Regional Head, Tesla, 19+ Years Experience in Renewable Energy, Power and Infrastructure development.
Mrs Rachel Moré-Oshodi
Advisory Board
CEO, ARM-Harith Infrastructure Investment Limited, Seasoned energy and infrastructure executive and a chartered banker with over 20 years of experience delivering transformative projects across emerging markets.
Mr Okwu Njoku
Advisory Board
Co-Founder Blackaion Capital and Former Head of GE Capital - Energy Financial Services, West Africa with 19+ years of experience in infrastructure finance, financial structuring and renewable energy.
We aim to solve the problem of Travel poverty.
Here are a few problems we are looking to solve in Africa
01
High Operating Cost
For internal combustion engines (ICE) vehicles particularly in rural settings which is deepened by fuel subsidy removal
02
Frequent operational Disrupt
Frequent operational disruptions due to regular commodity price shocks, fuel queues and petrol scarcity
03
Negative ICE impact
Negative environmental impact of ICE due to High Carbon Emission
04
Poor Credit Facility
Logistics companies and their riders need access to long-term affordable and flexible vehicle financing terms
Project Sponsors.
Blackaion Capital and FundCo are co-sponsoring the swap station project targeted at encouraging e-mobility in Nigeria.
Blackaion Capital is a West-Africa focused Infrastructure & Technology “Infra Tech” developer, investor, and asset manager. Our mission is to create exceptional long-term value for all stakeholders by building and scaling digital, smart and climate-friendly infrastructure projects and companies.
www.blackaion.com
FundCo Capital Managers is a specialized alternative asset manager mobilizing and investing local capital in real assets that will lead the transition to a low-carbon economy. Our investment strategy is to identify, structure, aggregate and connect these real assets within our target sectors to the domestic institutional market through our investment funds.
www.fundco.ngGet in touch.
We would love to hear from you today. Got any questions or further informations, please reach out to us and our team of experts will be available to assist.