Rising petrol prices and increasing operational costs have become significant challenges for businesses across Nigeria, and the food delivery sector is no exception. Glovo, a prominent player in the Lagos food delivery market, has taken a bold step towards tackling these challenges head-on by partnering with local electric vehicle (EV) manufacturer, Siltech. This strategic collaboration aims to revolutionise Glovo’s delivery fleet by transitioning from traditional petrol-powered motorcycles to Siltech’s cutting-edge electric bikes.
The primary driver behind this partnership is the escalating cost of petrol, which has been putting a considerable strain on Glovo’s operating expenses. By adopting electric bikes, Glovo anticipates substantial savings on fuel costs, as electricity is a significantly cheaper energy source compared to petrol. Furthermore, electric vehicles generally require less maintenance than their petrol counterparts, translating to reduced maintenance expenses for Glovo.
The collaboration with Siltech offers Glovo more than just electric bikes. Siltech is providing a comprehensive EV ecosystem that includes charging stations strategically located throughout Lagos, ensuring that Glovo’s delivery riders can easily recharge their bikes during their shifts. This infrastructure addresses one of the major concerns surrounding EV adoption – range anxiety – by providing a reliable and convenient charging network.
In addition to the financial benefits, Glovo’s transition to electric bikes aligns with global sustainability efforts. Electric vehicles produce zero tailpipe emissions, contributing to cleaner air quality in Lagos and reducing the company’s overall carbon footprint. This move positions Glovo as a socially responsible corporate citizen committed to environmental sustainability.
While the partnership has been officially announced, the pilot program using Siltech’s electric bikes is set to commence in the coming months. The initial phase will focus on specific areas within Lagos where Siltech has already established charging infrastructure, including Ikate, Lekki, and Victoria Island. If successful, this pilot could pave the way for a full-scale rollout of electric bikes across Glovo’s entire Lagos fleet.
Tolu Williams, CEO of Siltech, expressed confidence in the partnership, stating that the discounted pricing for Glovo would still prove more cost-effective than using petrol-powered motorcycles. He highlighted the comprehensive nature of Siltech’s EV ecosystem, emphasizing the convenience and efficiency it offers to businesses like Glovo.
Glovo’s decision to embrace electric bikes is a significant development for the Nigerian market. It not only demonstrates the growing maturity of the EV sector in the country but also showcases the potential for electric mobility to revolutionize various industries. As other businesses witness the success of Glovo’s initiative, it could trigger a broader shift towards sustainable transportation solutions in Lagos and beyond.
