Bolt has announced that over 40% of motorbikes on its platform are now electric motorbikes. This makes Bolt the largest supplier of electric bikes in the ride-hailing industry in Kenya.
The company also revealed that it has already onboarded more than 1,700 riders financed through M-KOPA. This means Bolt has met its 2025 electrification target ahead of schedule.
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Bolt says the increased adoption of electric bikes aligns with its wider plan to reduce emissions, lower operating costs for riders and contribute to Kenya’s clean transport agenda. Through its partnership with M-KOPA, riders can access electric bikes through flexible financing models that help them increase their daily earnings by reducing fuel and maintenance costs.
Dimmy Kanyankole, Senior General Manager for East Africa at Bolt, said that Kenya continues to lead the way in clean mobility on the continent. He added that crossing the 40% electric bike threshold and onboarding 1,700 M-KOPA-supported riders shows that sustainability and improved rider earnings can progress together.
Nena Sanderson, Chief Product Officer and Managing Director at M-KOPA Mobility, said the partnership is proving that once financing challenges are removed, riders are quick to adopt cleaner and cheaper alternatives. She added that reaching 1,700 riders marks the beginning of M-KOPA’s broader plan to scale its impact.
Bolt has also said that Kenya shows strong potential for electrification. It says that it sees more riders choosing sustainable mobility options. The company recorded 4.8 million electric bike rides over the past year. This makes Kenya the leading e-mobility market on the continent.
Bolt plans to expand its electric bike fleet further next year through new financing partnerships.
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