Rida Baalbaki at the Nordic-Africa EV Summit: Why Two-Wheeler Electrification Needs an Ecosystem

Rida Baalbaki at the Nordic-Africa EV Summit: Why Two-Wheeler Electrification Needs an Ecosystem

On a 2/3-wheeler infrastructure panel in Addis Ababa, Blu EV's CEO explained why stations and batteries alone don't build a market.

On a 2/3-wheeler infrastructure panel in Addis Ababa, Blu EV's CEO explained why stations and batteries alone don't build a market.

Rida Baalbaki, Co-founder and CEO of Blu EV, speaking on a panel at the Nordic-Africa EV Summit in Addis Ababa
Rida Baalbaki, Co-founder and CEO of Blu EV, speaking on a panel at the Nordic-Africa EV Summit in Addis Ababa

More than an infrastructure problem

Electrifying two- and three-wheelers in Africa isn't really a vehicle problem. It's an infrastructure problem and, even more, an ecosystem one.

That was the question in Addis Ababa this September, when Blu EV's Co-founder and CEO, Rida Baalbaki, joined a panel on 2/3-wheeler infrastructure deployment models at the Nordic-Africa EV Summit. Operators, utilities, financiers and policymakers were all in the room, working on the same question from different angles.

A platform, not a vehicle company

Rida's view is simple: stations and batteries alone don't build a market. That's why Blu EV started as an e-mobility platform rather than a vehicle company or a battery-as-a-service operator.

“From the very beginning, we realized that to get into this business, we need to own and control our technology stack and build an ecosystem where all the players are contributors and beneficiaries at the same time.”

An ecosystem built around the rider

That ecosystem brings together everyone pulling in the same direction:

  • OEM partners who build the vehicles

  • Last-mile operators, aggregators, ride-hailing platforms, 3PL logistics providers and fleet managers who drive demand

  • Financial institutions that finance riders

  • Regulators and government entities, with whom the legal framework is being built

Every player serves the same end user: the rider. The platform connects them, and the data serves them back.

“

Those who own the data in mobility will reshape this industry. Mobility data is the new oil.

Those who own the data in mobility will reshape this industry. Mobility data is the new oil.

Rida Baalbaki

Co-founder & CEO, Blu EV

On the panel

  • Rida Baalbaki, Blu EV

  • Josh Whale, Ampersand

  • Gaurav Anand, SUN Mobility

  • Jason Gras, OKOA

  • Doreen Nabaho, Kofa

  • Moderated by Dustin Kahler, MobilityX Africa

Thanks to Stuart Minnaar, Dustin Kahler and MobilityX Africa for the invitation, and for bringing players from across the value chain to the same table. Africa's e-mobility conversation is moving from pilots to deployment, and Egypt and Morocco have plenty to contribute to it.

Ready to electrify your fleet?

Ready to electrify your fleet?

See what the Blu EV Ecosystem can do for your operation.

Talk to our commercial team