£1,405 / Electric motorbike
Every £1,405 invested will enable Roam Electric to deliver one electric motorbike.
1.67 tonnes
CO2 emissions saved per motorbike each year over a five year periodInvest directly in Electric Motorbikes in Kenya
Roam is a Swedish/Kenyan company that is revolutionising transportation in Kenya by locally designing and assembling electric vehicles. and develops electric mobility products for emerging markets, with a focus on electric motorcycles and electric buses for the East African market.
Roam is helping low-income groups in Kenya by providing affordable and sustainable transportation solutions through electric bike rentals. Motorcyclists can save 60% of costs over the lifetime of the motorbike whilst reducing carbon emissions by 90% compared to a typical petrol driven alternative.
By the end of 2026, Roam expects its electric motorcycles to support over 21,000 indirect jobs.
About Roam Electric Ltd
Key product information
Issuer: Roam Electric Ltd
Issuing Country: Kenya
Investment target: £500,000
Minimum investment: £50
Maximum investment: No maximum
Maturity: 6 months
Expected interest rate: 6.75% per annum
Withholding tax rate: 15% (applicable to UK residents who do not invest within an IF ISA)
Interest payment frequency: 6 monthly (one payment at 6 months)
Capital repayment: Single repayment at 6 months
Financial instrument: Secured interest bearing bond
Security: Secured
Key risks
This is a bond issued by a single company (rather than a saving product) and therefore it is recommended that you are careful with the amount you invest.
You must read the offer document (provided below) where a statement of risks is presented, particularly in section 5 – Risk Analysis Overview
Documents
What the project investment will enable
Every £1,405 invested in this project will enable Roam to deliver a Roam Air electric motorcycle. In total, the project will enable Roam to supply 356 new motorcycles, resulting in a reduction of 595 tonnes of CO2 emissions annually, and a total reduction of over 2,973 tonnes CO2 emissions over the five year life-span of the motorcycles.
By addressing the specific transportation needs of low-income groups and offering them a means of income generation, Roam plays a vital role in improving accessibility and socio-economic opportunities for underserved populations.
Roam Electric Ltd
Roam is a technology-driven electric mobility company that designs and develops electric motorcycles and electric buses for emerging markets, starting in Kenya.
Roam Air, Roam's newly launched electric motorcycle, is adapted and designed with a special focus on affordability, functional design and performance. This electric motorcycle is optimised for commercial purposes like transporting passengers or cargo, prioritising safety. With its updated frame, the motorcycle features a dual battery system. Users can easily plug their battery into any outlet and swap out an empty battery for a fully charged one, minimizing downtime and enabling continuous driving
Social and environmental impact
Roam's electric motorcycles offer significant cost savings compared to a petrol equivalent, boosting incomes for micro-businesses using them. At the same time they reduce carbon emissions and air pollution from running the motorcycles.
Social Impact
Roam's electric motorcycles offer significant savings in maintenance and operation, making their lifetime cost to the micro-businesses that use them much lower than the equivalent petrol driven motorbike.
60%
lifetime cost saving of a Roam electric motorbike compared to a petrol equivalent
80%
reduction in maintenance and operations costs compared to a petrol equivalent.
21,000
estimated indirect jobs in operations of Roam's electric motorcycles by 2026
Environmental Impact
By replacing fossil fuel with electricity, carbon emissions and air pollution are substantially reduced.
90%
Reduction in carbon emissions using an electric motorcycle
12 X
Reduction in hydrogen particulate matter emissions compared to fossil fuel motorcycles
578.9 Ktonnes
Roam's projected carbon emission savings (CO2e) by 2026