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### To successfully combat the ongoing climate crisis, the energy and mobility sectors must ardently address decarbonization, energy efficiency, and electrification. 

Last week at The Smarter Mobility Africa Fleet Summit in Cape Town, experts in energy and mobility discussed all three of these topics in spirited discussion. 

Moove’s very own **Quinten Indarjith, Chief Fleet Officer**, was there and spoke about the steps Moove is taking to decarbonise its fleet and Mooves ESG expert, **Chloe Stephenson, Assoc**. Impact attended. These are their highlights:

The Summit gathered a diverse range of stakeholders, including the South African government, corporates, entrepreneurs, and innovators, as well as global representatives from Kenya, Ghana, the UK, Sweden, and the UAE, who all dialled in to share key market learnings. 

At the conclusion of the Smart Mobility Fleet Summit, the overarching sentiment was one of optimism, with each speaker emphasising the opportunity to localise smart automotive and component manufacturing within South Africa.

### South Africa can’t miss the Opportunity for localised EV Manufacturing.


>A journey of 1000 miles starts with a single step’ so we need to act now in order to achieve these environmental targets. - _Quinten, Moove_

#### 6-7% of SA’s gross domestic product is derived from automotive and component manufacturing

Representatives across the board stressed the urgent need for local EV manufacturing. SA already possesses the necessary skill sets and technologies for achieving this objective. There are a large number of original equipment manufacturers (OEMs) in South Africa, and there is a **substantial market for low-cost EV conversions**, such as the demand for the Volkswagen Polo.

![Quinten Indarjith, Chief Fleet Officer at Moove](https://prod-website-backend-uploads.s3.eu-west-1.amazonaws.com/news_image_mitigating_carbon_emission_03_9f8a315004.jpeg)

#### 60% of vehicles manufactured in SA are exported

Localised EV manufacturing would help SA to remain competitive, incentivising companies in foreign markets such as Europe and Japan to continue manufacturing in SA. The elimination of SA’s high import taxes on EVs would serve as further incentive. **South Africans currently pay 25% import tax on EVs (vs. 18% tax on ICE imports)** Localised manufacturing would remove this cost entirely! 

### A path to Decarbonisation through Collaboration with Partners and Supply Chains

**There are under 20 parts in the EV drive chain, versus approximately 2,000 in ICE vehicles. Furthermore, around 70% of parts are specific and  non-transferrable in application. **


>‘Research using average price point data on the Autotrader platform shows that in order for EVs to be cost competitive, the price point needs to be between 400,000 - 500,000 R’ (£21k) - _George Mienie, CEO, Autotrader_

EV rollout will cause considerable disruption to the automotive value chain.  New business models must emerge, employees must be retrained, and investment in skills development must increase.

Moove’s Chief Fleet Officer, Quinten Indarjith, stressed the significance of a full value chain approach to decarbonisation, explaining how **Moove is working closely with its OEMs and mobility partners to meet their decarbonisation targets**, and has set its own target to achieve a 60% low emission fleet. By introducing low emission vehicle options in four of its key markets, Moove expects to save 27,139 Mt CO 2emissions annually, which is equivalent to the amount of CO 2captured by approximately 1.3 million trees per year.

Similarly, the importance of the supply chain in smart mobility was highlighted with, Open Innovation Arena Volvo Cars, explaining that they are the first OEM to sign up to the Zero Steel **0 carbon steel** by 2050 initiative, and BMW are looking at the full life cycle of vehicles. This includes aspects such as recyclability, to vehicle components such as **natural oils and carbon reinforced plastic**.

![Smarter Mobility Africa Fleet Summit speakers](https://prod-website-backend-uploads.s3.eu-west-1.amazonaws.com/news_image_mitigating_carbon_emission_02_5835b282b8.jpeg)

### The importance of the local grid and energy mix in EV uptake – will it actually reduce emissions? 

Two key considerations of how EVs will interact with the local grid are: 

- What is the non-renewable energy share of the local grid?
- How to tackle the issue of peak demand hours for EV charging

### The SA grid is predominantly made up of fossil fuels, raising the question ‘Do EVs in SA make sense now?’

SA has the most developed EV charging infrastructure in Africa.  However, there was considerable debate over whether the adoption of EVs in South Africa would actually have a lower climate impact than ICEs, given that **SA's energy mix is dominated by fossil fuels**. On the other hand, in East and West Africa, hydropower is the predominant source of energy. 

> ‘An estimated 80 billion of investment per year, for next 30 years, is needed for EV charging infrastructure’ - _Greg Blandford, Rubicon_ 

### ‘The 6pm Peak’

Pressure on the grid during Peak demand charging hours is not an issue unique to SA. One of the solutions discussed was differential tariffs to incentivize disparity in charging times. Another is for charging stations to be programmed to start after a given time to redistribute the demand load.

![South Africa current EV charge infrastructure - AC and DC](https://prod-website-backend-uploads.s3.eu-west-1.amazonaws.com/news_image_mitigating_carbon_emission_04_7cdf91a53e.jpeg)

### Uptake in E-Mobility for Last Mile Delivery 

Similar to numerous markets in sub-Saharan Africa and around the world, South Africa is experiencing a rise in demand for electric vehicles used in last-mile delivery. **This demand is particularly prominent with electric 2 wheelers for food delivery.**  

Driver education is crucial for ensuring the continued expansion of electric vehicles.  This includes educating drivers on the look and feel of the vehicles, the speed limits and false beliefs about load shedding. 


Left: Chloe Stephenson, Associate, Impact at Moove.  Right: Quinten Indarjith, Chief Fleet Officer at Moove.

Mitigating Carbon Emissions and the electrification of mobility - Is South Africa ready?

ICYMI, we recently announced [our global expansion plans](https://techcrunch.com/2022/03/14/daily-crunch-african-mobility-fintech-moove-raises-105m-in-series-a2/). Whilst we remain proudly African-born, today we are officially simply….**Moove** &#128526;. 

With this, we have revamped our website to better serve our growing customer base and engage with our investors, partners and stakeholders worldwide. Our emails have also been updated and you will now find us on social via these handles:

[Facebook](https://www.facebook.com/mooveio/) 
[Twitter](https://twitter.com/moove_io) 
[Instagram](https://www.instagram.com/moove_io/?hl=en) 
[Linkedin](https://www.linkedin.com/company/moove-io)

Since starting 2 years ago in Lagos, we have built a **world-class team** & **many new partnerships**. We’ve broadened our product offering and taken our revenue-based financing model to mobility entrepreneurs to 6 cities in Africa. 

Today is an important milestone for us. Today, we are excited to announce that as we take our model global, **over the next 8 weeks, we will be launching in 7 new cities across SSA, Asia, MENA, and Europe!**

In Asia, Moove is going to **India (Mumbai, Hyderabad, and Bangalore)!** 


![CNG Cars for ride-hailing](https://prod-website-backend-uploads.s3.eu-west-1.amazonaws.com/IMG_4331_cf830a856c.jpg)
CNG Cars for ride-hailing


The India market is made up of 90% independent operators with no mega fleet in the marketplace. **Moove is launching the largest ride hailing fleet in India** to meet rising demand in a rapidly growing economy.

![L-R: Ladi, Binod, our Regional GM SEA, and Jide](https://prod-website-backend-uploads.s3.eu-west-1.amazonaws.com/IMG_2952_f43a27960b.jpg)
Ladi, Binod, our Regional GM, India & South Asia, and Jide


In MENA, we are in the **UAE (Dubai)** and heading to **Egypt (Cairo)**!


![Our MENA team fueling up for launch!](https://prod-website-backend-uploads.s3.eu-west-1.amazonaws.com/mena_team_ff5c58f28f.jpg)
Our MENA team fueling up for launch!


We are rolling out 5 vehicle classes in MENA: EV cars, EV and ICE bikes, EV and ICE buses, ICE trucks, EV and ICE Vans for ride hailing, instant delivery, and last-mile delivery. 

With our commitment to the electrification of mobility, we will be launching the **largest EV ride hailing fleet in Dubai and the largest EV bus fleet in Cairo.**

In Europe, Moove is launching in the **UK (London)!**

![EV Cars for ride-hailing](https://prod-website-backend-uploads.s3.eu-west-1.amazonaws.com/IMG_4332_c7de09cfcb.jpg)
Vehicle class: 100% EV cars for ride-hailing


London is the largest ride hailing market in Europe. However with rising fuel costs, congestion charges and other regulatory changes, ride hailing drivers face significant pressure on their ability to earn. We are enabling the **electrification of London with our 100% EV fleet** and **offering drivers brand new vehicles at competitive prices.**

![Our new fleet of Tesla 3s ready for the road!](https://prod-website-backend-uploads.s3.eu-west-1.amazonaws.com/teslas3_a96de3dffa.jpg)
Our new fleet of Tesla 3s ready for the road!



**At Moove, we are committed to launching and scaling EV products in all of our markets. In doing so, we will build the largest EV fleet in mobility globally.**



#### Why does this matter?

**19%** of GHG emissions worldwide is due to domestic transportation1 
**25%** of all vehicles on the road are fleet vehicles2 
**3X** more environmental impact of replacing ICE vehicles with EVs in ride hailing fleets3 


With our scale up targets, 35% of our global fleet CO2 emissions will be offset through energy transition by year-end 2022. In numbers, this is over **27,000 Mt of CO2 emissions reduction per year**, which is **equivalent to CO2 captured by c. 1.3 million trees.**

Against the current macro backdrop, we know that the work we have in front of us won’t be easy, but we are ready for the challenge. Our mission to **drive productivity and success for the world’s mobility entrepreneurs** feels more critical now than ever. There is tremendous potential and opportunity to unlock prosperity for millions of underserved customers and to also lead the way in tackling critical issues in climate change and financial inclusion. 



##### We can’t wait. We are ready.

You will see our new website and the Moove brand continue to evolve. We will adapt and grow to meet the needs of our customers, the mobility entrepreneurs driving gig economies around the world. 

**Watch this space for more news over the coming weeks!**



1.&nbsp;C2ES Center for Climate and Energy Solutions – Energy and Emissions Data [https://www.c2es.org/content/international-emissions/](https://www.c2es.org/content/international-emissions/) 
2.&nbsp;Climate Group - How accelerating fleet electrification can unlock the shift to clean road transport 
3.&nbsp;Nature - Emissions benefits of electric vehicles in Uber and Lyft ride-hailing services - [https://www.nature.com/](https://www.nature.com/articles/s41560-020-0632-:~:text=The%20right%20histogram%20is%20for,electrifying%20the%20average%20California%20driver )

Hello and welcome to our new website!! 

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Are you ready to join our mission to drive productivity and success for the world’s mobility entrepreneurs?

We are currently serving customers in 6 markets with new markets launching soon!

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Stay informed on all our announcements and current news. Keep up with all our latest news and stories.

Moove is committed to a 50% female customer base globally and supporting women in becoming successful business owners and owning their own vehicle.

Moove is committed to building the largest and most productive hybrid and EV fleet in the world, empowering customers with greener options and positively contributing to a more sustainable world.

Moove provides customers with access to vehicle financing, as well as a range of financial services that were previously inaccessible to them and their families, helping them to be more productive and successful.

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