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T’Leva: Angolan 'Uber' invests over 20 million in electric cars

The national individual transport platform T’Leva invested 22 million dollars in the purchase of 1000 electric cars and wants to move on to other urban mobility solutions - such as motorbikes - later this year.

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According to a company source, the vehicles, produced by the Chinese Ledo Holding, are destined for the capital, Luanda, where around 300 already circulate, but the objective is to reach other cities, such as Huambo, Benguela and Lubango.

T’Leva's plans also include expansion to other countries on the African continent, such as Mozambique, Namibia and the Democratic Republic of Congo.

Born in April 2019, the company has so far transported over 40,000 customers and plans to add electric motorcycles for taxi services to its fleet in the coming months.

The Angolan start-up works through an application whereby the transport request is sent to the nearest available driver.

The company adds that more than 2000 direct and indirect jobs have been created, with “preferably young university students, women and veterans” being sought out for drivers.

The electric mobility business model, for drivers, means the possibility of purchasing the vehicle, without recourse to credit.

"As the driver works, he gradually amortizes the value of the investment, thus building his financial autonomy", explains the company.

T’Leva says that, in addition to the environmental impact and improving the profitability of the operation for the company, travel prices will be 30 percent cheaper.

 

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