July 5, 2022
Uncategorized

Bolt partners MAX to help drivers own vehicles in Nigeria – Premium Times

  • November 26, 2021
  • 4 min read
Bolt partners MAX to help drivers own vehicles in Nigeria – Premium Times

Bolt [Photo: NewsBeezer UK]
Bolt, an Estonian mobility company, announced Wednesday that it has has partnered with Metro Africa Express (MAX), in an effort to expand the Bolt vehicle financing programme in Nigeria.
This was disclosed in a statement issued by MAX’s Chief Financial Officer, Guy-Bertrand Njoya.
“Leading ride-hailing platform, Bolt has partnered with Metro Africa Express- (MAX) the largest vehicle subscription platform for low-to-zero emission vehicles in Africa – to expand the Bolt vehicle financing program in Nigeria,” the statement reads.
It said the scheme is part of Bolt’s commitment towards enabling ride-hailing drivers to own vehicles with low equity repayment, support and improve earnings for drivers while allowing them to maintain flexibility as vehicle owners.
According to the statement, the Bolt partnership with MAX will launch a lease-to-own framework for e-hailing drivers to lease a vehicle and pay in instalments until full ownership is secured.
Mr Njoya explained that the partnership will also enable Nigerian drivers to increase their efficiency by accessing a variety of value-add services which include access to low-to-zero emission vehicles; licenses and permits, insurance; affordable health coverage, and other financial products.
In his remarks, Femi Akin-Laguda, Bolt’s country manager said: “We launched our vehicle financing scheme early this year to enable drivers to own a car or motorbike with low equity repayment and have decided to expand the scheme to create opportunities for more prospective drivers.”
In partnership with Max, he said we are looking to expand our commitment to helping drivers on the Bolt platform to earn more and at their own pace, either driving full time or part-time.
“Drivers are fundamental to our business operations, and it is important to provide solutions that ensure that driving on Bolt is flexible and profitable because improving partner earnings is fundamental to sustaining the trust and loyalty that we have earned over time,” he said.
Adetayo Bamiduro, MAX’s co-founder and chief executive officer said their vision for African mobility is for shared modes of transportation to become the norm.
“We strive for a world where people and goods can move in a predictable, safe and efficient way with zero impact on our climate. Our partnership with Bolt is perfectly aligned with this goal. We are enthusiastic about transforming the transport sector together, enabled by our innovative and industry-leading mobility and financial services infrastructure.” Mr Bamiduro said.
In a similar manner, Chinedu Azodoh, another co-founder of MAX said, “At MAX, we are constantly developing solutions to make travel easier, safer and more pleasing.
“This is what powers our focus on innovation and strategic partnerships. We are excited about this opportunity to extend these solutions with Bolt further,” he added.
“With the first batch of drivers already integrated into the program, Bolt, in partnership with MAX, will continue advancing and easing mobility in Nigeria and empowering the economy with extra earning opportunities for drivers,” the statement said.
Donate
TEXT AD: To advertise here . Call Willie +2347088095401…
PT Mag Campaign ADPT Mag Campaign AD


Transport-TechnologyTransport-Technology
Stanbic AdStanbic Ad
Access Bank AdAccess Bank Ad

if (screen && screen.width > 1024){var script=document.createElement(‘script’); script.src=’//served-by.pixfuture.com/www/delivery/headerbid.js’; script.setAttribute(“slotId”,”20018x300x600x3423x_ADSLOT9″); script.setAttribute(“refreshInterval”,30); script.setAttribute(“refreshTime”,5); document.getElementById(“20018x300x600x3423x_ADSLOT9”).appendChild(script);}

Glo AdGlo Ad
Enter your email address and receive notifications of news by email.
Join 1,686,849 other subscribers.


var adx_adsvr_adspace_vAppRoot=”https://ads.dochase.com/adx-dir-d/”;
var adx_adsvr_adspace_id=”3985″;
var adx_size=”300×250″;
var adx_custom=””;
var adx_nid=”13″;


var adx_adsvr_adspace_vAppRoot=”https://ads.dochase.com/adx-dir-d/”;
var adx_adsvr_adspace_id=”3985″;
var adx_size=”300×250″;
var adx_custom=””;
var adx_nid=”13″;

All content is Copyrighted © 2020 The Premium Times, Nigeria
All content is Copyrighted © 2020 The Premium Times, Nigeria

source

About Author

redex

Red ExplorerNG is an online platform showcasing the richness of African culture. It provides online information that is not only limited to the following categories: Culture, Lifestyle, Entertainment, Business, Sports, Books, News, and Opinions.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.