GOGO Electric

What GOGO Electric does

GOGO Electric is a Ugandan electric mobility company that designs, manufactures, and operates an integrated two-wheeler platform. The company (legally Bodawerk International Limited, founded 2017) operates Africa's first semi-automated Lithium-Ion battery factory in Nakawa, Uganda, with a potential annual capacity of 60,000 batteries, and assembles its flagship E-Boda EV-150 electric motorcycle — a 2 kW brushless DC motor vehicle capable of 80 km/h, 100-170 km range per charge, and 250 kg payload. The platform is completed by the Renewable Energy Distribution Infrastructure (REDI), Uganda's largest battery-swap network with 120+ stations across Central and Eastern Uganda.

GOGO monetizes through multiple revenue streams: direct and financed sale of E-Boda motorcycles via a lease-to-own partnership with Watu Credit (downpayments from 500,000 UGX / ~135 USD), recurring Battery-as-a-Service swap fees at the 120+ station network, and structured financing products offered to institutional investors (Working Capital Financing tickets of 2-5M USD; REDI Financing tickets of 5M USD over 12-60 months). Underlying technology includes NMC lithium-ion smart batteries with IoT telemetry, cloud-based battery analytics, Gallium-Nitride chargers that reduce charging energy losses by approximately 80%, and operational automation systems that optimize charging and swapping decisions.

The company has sold over 2,500 electric motorcycles as of May 2025 (a stated roadmap target of 10,000+), created 360+ direct green jobs plus 350+ indirect jobs, and reports an NPS of 92. GOGO has raised at least $5.6 million across disclosed equity and working capital facilities from EDFI ElectriFI ($2.6M total), Uganda Development Bank ($3M equity), and Africa Go Green Fund (revolving facility), won the 2024 Ashden Award for Powering Futures in Clean Energy, and is led by founder-CEO Jakob Hornbach.

Name

GOGO Electric

Legal name

Bodawerk International Limited

Website

https://gogo.co.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Electric Two-Wheeler Manufacturing

NAICS

Motorcycle, Bicycle, and Parts Manufacturing (336991), Battery Manufacturing (335910)

SIC

Motorcycles, Bicycles & Parts (3751), Motors & Generators (3621)

akta.pro primary industry

Electric Motorcycles & Electric Scooters Manufacturing (IMACAEAB)

akta.pro secondary industries

Battery Pack & Module Manufacturing (EV) (IMACACAA), Battery Pack Manufacturing & Module Assembly (EUAFABAI), E-Mobility Batteries & Swappable Packs (Consumer) (CRACASAI), Battery Management Systems (BMS) & Pack Electronics Manufacturing (EUAFABAJ)

Keywords

• Electric motorcycles
• Lithium-ion batteries
• Battery swap network
• E-mobility solutions
• Electric vehicle manufacturing

Headquarters

HQ city

Mulago

HQ country

Uganda

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Electric Motorcycle Sales: Sale of electric motorcycles (E-Bodas) to customers, facilitated through financing partnerships with Watu Credit. Customers make downpayments starting at 500,000 UGX (135 USD) with lease-to-own arrangements.
2. Battery-as-a-Service (BaaS): Battery swapping network where riders exchange depleted batteries for charged ones at swap stations. Provides recurring revenue from battery swap fees.
3. Working Capital Financing: 6-month tenure USD financing for Lithium-Ion battery pack and electric motorcycle production. Ticket size 2-5M USD.
4. REDI Financing: Renewable Energy Distribution Infrastructure financing for charging stations, batteries and chargers. 12-60 months tenure, 5M USD ticket size. Funds invested in Lithium-Ion battery assets.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

GOGO Electric manufactures electric motorcycles (E-Bodas) and lithium-ion battery packs at its Nakawa facility, which houses Africa's first semi-automated lithium-ion battery factory. The company operates Uganda's largest battery swap network (120+ stations) across Central and Eastern Uganda, offering Battery-as-a-Service to boda-boda (motorcycle taxi) riders. Revenue is generated through electric motorcycle sales (facilitated by financing partners), recurring battery swap fees, and working capital and infrastructure financing for institutional investors.

Product overview

GOGO Electric is a Ugandan electric mobility company operating a platform-plus-services model. The core portfolio consists of the GOGO Electric EV-150 electric motorcycle, Smart Lithium-Ion Battery Packs, and Uganda's largest Battery Swap Network (120+ stations). These products work together through a Battery-as-a-Service (BaaS) model where riders purchase or finance electric motorcycles and subscribe to battery swapping services, eliminating range anxiety. The company also offers proprietary smart charging technology using Gallium-Nitride and operates an advanced IoT-based analytics platform for battery management and operational automation.

Differentiator

Problem solved

Functional benefit

Products and services

• GOGO Electric EV-150 (E-Boda Electric Motorcycle) Electric motorcycle with GOGO-developed brushless DC Motor 2kW and 4-speed gearbox with wet clutch. Reaches speeds up to 80 km/h, delivers 100-120 km range with payload and 160-170 km single rider. Max load capacity 250 kg. Designed for boda-boda (motorcycle taxi) operators with 40% operational cost savings versus ICE vehicles.
• Smart Lithium-Ion Battery Pack IoT-enabled lithium-ion battery with GPS tracking, cloud data upload, and remote control capabilities. Capacity 4-5 kWh using NMC cell chemistry. Supports motorcycles, tricycles, boats, and battery-powered generators. Designed following circular economy principles for reduce, reuse, repair, and recycle.
• Battery Swap Network (REDI) Network of 120+ battery swap stations across Central and Eastern Uganda enabling boda-boda riders to exchange depleted batteries for charged ones. Eliminates range anxiety and vehicle charging downtime. Largest battery swap network in East Africa.
• First E-Tricycle (Cargo) Electric cargo tricycle expanding GOGO's e-mobility portfolio beyond motorcycles into commercial cargo transport applications.

Quantifiable outcome

• 40-50% income increase for riders compared to petrol-powered counterparts
• +6 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Nakawa Vocational Training InstituteminorStrategic or Co-development Partner · 19 August 2024Renewable Energy Training Center (RETC) at Nakawa Vocational Training Institute hosts DRIVe 2.0 e-mobility training programs. Collaboration for vocational skills development in electrical, mechanical, and automotive engineering.
• GIZ (Promotion of Renewable Energy and Energy Efficiency Programme - PREEEP and Employment and Skills for Development in Africa - E4D)coreStrategic or Co-development Partner · 25 November 2023DRIVe project (Developing Relevant and Innovative Vocational Skills in e-mobility) - joint intervention to train 104 individuals in e-mobility. Funded by Governments of Germany and Norway through BMZ. Project includes development of training curricula for managers, technicians, and motorcycle operators.
• Olaniwun Ajaji (Legal)minorImplementation/ SI/ Consulting PartnerLegal advisors for Africa Go Green Fund investment ensuring compliance with international standards.
• Ibis ESG ConsultingminorImplementation/ SI/ Consulting PartnerEnvironmental & Social consultants ensuring Africa Go Green Fund investment meets highest international standards in climate impact, social inclusion, and technological relevance.
• TOYOTA Mobility FoundationminorStrategic or Co-development PartnerBattery-powered agricultural mechanization and mini-grid ecosystem project in Kisii Community, Western Kenya.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Spiro: Pan-African operator of electric motorcycles with proprietary battery-swap networks in Uganda, Kenya, Nigeria, and Rwanda. Most direct competitor to GOGO's integrated bike + BaaS model in Uganda and the broader East African market.
• Zembo: Uganda-based electric motorcycle and battery-swap operator serving boda-boda riders. Competes head-to-head with GOGO in the same geography, customer segment, and battery-swap model.
• Ampersand: Rwanda- and Kenya-based electric motorcycle company with battery-swap stations serving motorcycle taxi drivers. Closely comparable product, customer segment, and battery-swap business model to GOGO.
• BasiGo: Kenya-based e-mobility company originally focused on electric buses, now expanding into electric motorcycles and battery-swap infrastructure across East Africa. Comparable vertically integrated EV + charging approach in the same region.

Emerging players

• Kofa: Ghana-based battery-swap network operator for two-wheelers. Closely comparable battery-swap infrastructure model for emerging-market motorcycle taxis, though currently focused on West Africa.
• Yego Moto: Rwanda-based motorcycle taxi and e-mobility platform with battery-swap operations. Comparable boda-boda customer focus and asset-financing partnership model, though at smaller scale than GOGO.
• Arc Ride: Kenya-based electric motorcycle manufacturer and mobility operator. Comparable electric two-wheeler product targeting motorcycle taxi drivers in East Africa.
• Roam (formerly Opibus): Kenya-based electric motorcycle and bus manufacturer. Comparable electric two-wheeler manufacturing and East African market focus, with overlapping target customer in motorcycle taxi operators.

Regional players

• MAX (Metro Africa Xpress): Nigeria-based mobility and delivery platform that has been piloting electric motorcycle conversions with battery-swap. Comparable asset-financed e-mobility model for boda-boda equivalents, though operating primarily in West Africa.

Broad incumbents

• Bajaj Auto: India's largest motorcycle and three-wheeler manufacturer with major presence across Africa, including Uganda. Relevant incumbent that competes with GOGO's ICE motorcycle base and represents a potential future EV manufacturing competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bodawerk
• YouTubeyoutube.com/@GOGOElectric
• Facebookfacebook.com/gogo.electric.uganda
• LinkedInlinkedin.com/company/gogoelectric

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GOGO Electric