Adrian Kama
01 Apr
01Apr
Moroccan startup GoSwap, which specialises in automated battery swapping solutions for electric scooters, has announced its first round of funding from the Azur Innovation Fund to accelerate the deployment of electric mobility in the North African country.
Founded by Hamza Slimani, GoSwap is advancing urban electric mobility through an automated battery swapping system for electric motorcycles. Its solution is based on a network of connected swap stations allowing the exchange of a discharged battery for a full one in less than 10 seconds.
The investment from the Azur Innovation Fund will enable GoSwap to accelerate the deployment of its network of battery swap points in Casablanca, where 20 swap cabinets are already operational at CashPlus stores, Petrom and Shell stations. It is also expected to support the expansion of the network to other cities in the Kingdom and the integration of new models of electric motorcycles compatible with the GoSwap solution.
“The entry of the Azur Innovation Fund is a key moment for GoSwap. Our ambition is to make electric mobility accessible to all by reducing the cost of acquiring and using electric motorcycles while increasing their range. As traffic and transportation costs have become major issues, offering an economical and reliable solution is becoming essential to contribute to cleaner cities,” Slimani said.
Adnane Filali, managing partner at Azur Innovation Management, said that with tens of millions of two-wheelers on the continent, the electrification of these users represents a major challenge for African cities. “GoSwap provides a particularly relevant answer, because it is not limited to one vehicle, it offers a complete battery swapping service, capable of supporting both urban mobility and new uses related to digital commerce and delivery. It is this ability to meet economic, operational and environmental needs that we have chosen to support,” he said.
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