Electric trucks start-up OX secures funding to deliver vehicles in emerging markets

Electric trucks start-up OX secures funding to deliver vehicles in emerging markets

OX Delivers has secured a multi-million-pound grant from the UK Government to develop electric trucks destined for emerging markets.

The start-up has begun work with its collaborators on the £17.1 million Clean Logistics for Emerging African Nations (CLEAN) project to develop the purpose-designed OX electric truck.

The OX truck is a battery electric vehicle (EV) with zero tailpipe emissions and is said to have ultra-low energy and maintenance costs.

It has been engineered to tackle the tough terrain found in emerging markets and will be designed to be shipped flat pack and assembled in-country.

OX Delivers, whose first market is Rwanda, maintains ownership of the vehicles and sells space on a pay-as-you-go basis.

The UK’s Advanced Propulsion Centre (APC) provided the grant, which will be used by the company to work with Dana, Potenza, Coventry University and FALGS Software on the project.

Simon Davis, OX Delivers Managing Director said: “We are thrilled to announce further success for OX Delivers as recipients of this grant award. It is yet another example of continued confidence in our vision to deliver clean, reliable and affordable transport, alongside tangible social benefits for our customers.

“We are grateful to the APC for their backing. This funding is vital in accelerating the development of our innovative low carbon technology and business model.”

The post Electric trucks start-up OX secures funding to deliver vehicles in emerging markets appeared first on future Net Zero.

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