was established in October 2019 as a mobility-dedicated Corporate Venture Capital for Africa under Toyota Tsusho Corp. and CFAO group. Mobility 54 has invested in Aceleron and Zembo to explore the opportunity of developing the e-mobility ecosystem in Africa.was formed in 2016 to create what it calls “the most sustainable ESG-positive battery in the world.
E-motorcycles sales directly to customers along with a hire purchase leasing option through external financial institutions includingBattery swapping stations. Zembo builds and operates its own battery swap network backed by solar photovoltaics energy generation at some flagship swap stations. Aceleron, Zembo, Toyota Tsusho, and Mobility 54 recently signed a Memorandum of Understanding at the 8 to catalyze the development of the e-mobility industry in Africa. The MOU’s goal is to accelerate collaboration between Aceleron, Zembo, and the TTC Group and to explore opportunities for contributing to carbon neutrality. It will also provide a platform for sharing expertise and technologies accrued therein.