Lagos, Nigeria – 21st October 2024 – MAX, Africa’s leading mobility and electric vehicle platform, has entered into a strategic partnership with PASH Global, a renewable energy and impact investment firm, to invest $10 million in expanding Nigeria’s electric vehicle (EV) infrastructure. This collaboration aims to develop a widespread network of EV charging stations across urban centers, accelerating Nigeria’s transition to clean, sustainable mobility. The initiative will support the adoption of electric motorcycles, three-wheelers, and cars, addressing transportation challenges and driving greener, more inclusive urban mobility solutions in Nigeria.
Adetayo Bamiduro, CEO and Co-Founder of MAX, commented: “This partnership with PASH Global represents a monumental step forward in our mission to decarbonize Africa’s transportation sector. By building the infrastructure needed to support electric vehicles, we are not only making it easier for drivers to transition to cleaner options, but we are also helping reduce the continent’s reliance on fossil fuels. Together, we are enabling safer, more affordable, and sustainable transportation for millions of people across Nigeria.”
PASH Global, leveraging its renewable energy expertise, will finance and implement clean energy solutions to power MAX’s EV fleet and charging infrastructure. This partnership aligns with Nigeria’s goals of reducing carbon emissions, boosting energy independence, and driving sustainable economic growth.
“We are excited to partner with MAX, a company that is leading the charge in transforming Africa’s transportation landscape. By combining our renewable energy and EV Infrastructure expertise with MAX’s innovative mobility solutions, we are creating a blueprint for clean mobility in Nigeria and setting a powerful example for the rest of the continent.”-added Kofi
Owusu-Bempah, CEO and Managing Partner of PASH Global.
This partnership highlights MAX’s dedication to job creation and economic empowerment, as the development of EV infrastructure will generate jobs in construction, maintenance, and operations. It also strengthens Nigeria’s position as a leader in sustainable transportation and clean energy. Together, MAX and PASH Global are committed to improving urban mobility, reducing
pollution, and creating lasting economic value for communities across Nigeria.
About MAX
MAX is Africa’s leading mobility technology company that provides access to vehicle assets to commercial drivers through its platform which also comes with the added benefits such as vehicle registration, vehicle insurance, vehicle maintenance, vehicle security, health insurance for the rider and so much more. Through its platform, riders who are called Champions have access to electric vehicle solutions and on-demand vehicle subscriptions, which are also provided to businesses, and governments across the continent. By integrating cutting-edge technology and sustainable practices, MAX is driving the future of mobility in Africa. MAX’s Africa Operations is headquartered in Lagos State, with operations in 18 locations across Nigeria, Ghana, and Cameroon. For more information about MAX, visit: https://www.maxdrive.ai/
About PASH Global
PASH Global is an energy transition investor and developer, dedicated to advancing clean power projects, EV charging infrastructure, and carbon credit solutions worldwide. As an impact-driven company, PASH focuses on reducing carbon emissions while improving energy access and affordability in emerging markets. With expertise spanning renewable energy, electric mobility, and sustainability initiatives, PASH is committed to driving economic growth and positive environmental outcomes. The company partners with governments, co-sponsors, financial institutions, and communities to deliver scalable, innovative solutions. PASH’s holistic approach positions it as a key contributor to the global shift toward a low-carbon economy, aligning its investments with decarbonization and sustainable development goals. For more information on PASH, visit: https://www.pashglobal.com
For media inquiries, please contact:
For MAX:
Oluwatoyin Ashipa
toyin.ashipa@maxdrive.ai
For PASH Global:
Katya Derkachenko
Katya@pashglobal.com
