This funding will fuel the company’s rollout of all-electric OX4 trucks in Rwanda and its wider expansion across the Global South.

Scheduled for production in March 2024, the OX4 truck is designed for local assembly in target markets. A dedicated team of 20 engineers and designers are finalizing the truck’s specifications at OX Delivers’ UK headquarters.

With a successful track record in Rwanda, OX Delivers now sets its sights on broader expansion across the Global South, prioritizing Africa.

Founded in 2020, the company aims to provide on-demand, technology-driven transport solutions in emerging markets, empowering businesses and communities with access to affordable and eco-friendly motorized transportation.

Through its unique app and toll-free number, OX Delivers offers customers flexible, pay-per-kilogram transport, starting at just $1. This innovative model caters to specific cargo needs and ensures cost-effectiveness.

The grant empowers OX Delivers to provide rural communities with reliable and affordable transport while simultaneously establishing a low-carbon “charge points” network.

“Our transport-as-a-service model has been validated as a viable clean energy solution for the Global South,” says CEO Simon Davis.

“This grant further strengthens our resolve to empower communities and contribute to a greener future.”

The EV market in the Global South, particularly Africa, is projected to reach $85.6 million in revenue by 2024.

By 2028, the market volume is expected to hit $162.2 million, highlighting the immense potential for OX Delivers and its sustainable transport solutions.