The UK-based e-mobility transport service provider, OX Delivers, recently secures a £1.2 million ($1.5 million) grant by Energy Catalyst, an Innovate UK initiative, to support the company’s expansion into the global South and the introduction of all-electric OX4 trucks in Rwanda.
OX Delivers: A Technology-driven Transport Service Startup in the UK
Founded in 2020, OX Delivers is a technology-driven transport service startup with its headquarters located in Leamington Spa, UK. Its goal is to offer on-demand transport in emerging countries. It presently serves about 4000 clients and also attempts to supply motorized transportation to enterprises that do not have access to it.
Through an application or toll-free line, OX Delivers customers pay approximately $1 for just the space they require on a kilogram-per-kilometer basis.
OX Delivers Secures a $1.5 Million Grant for its Electric OX4 Trucks in Rwanda
In March 2024, it plans to complete the construction of the OX4 truck and transport it to nearby markets for assembly. Within the company’s UK headquarters, a team of twenty is working on the design, engineering, and production of the OX4 vehicle.
OX Delivers intends to grow globally, starting in Africa, to the South. According to OX Delivers, launching the all-electric OX4 truck will improve business operations and help electrify its current depots. OX Delivers unveiled a vehicle control unit, which sparked the creation of cutting-edge software for electric trucks.
With the grant, the business hopes to establish a network of “charge points” for low-carbon energy and offer reasonably priced transportation to remote areas, emphasizing the advantages of this energy source.
CEO, Simon Davis, claims that the Validation of OX Delivers is the Solution to Sustainable Energy
Simon Davis, the CEO, claims that the validation of OX Delivers as a sustainable energy solution in the Global South goes beyond financial support. Beyond the Energy Catalyst investment grant, OX Delivers has raised around $10 million from investors.
Additionally, the UK government and USAID have funded it through programs like the Advanced Propulsion Center and Innovate UK. OX Delivers received grants from Advanced Propulsion Centre UK in 2022 totaling £8,500,000 ($10,722,707) and Innovate UK in 2021 totaling £800,000 more than $1 million.
From 2019, the country’s electric vehicle (EV) sector has attracted global manufacturers after Volkswagen introduced its first electric vehicle in Africa, in Rwanda. As a result, EV sales are projected to reach $85.6 million in 2024 and a $162.2 million market volume by 2028.
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