Sanguo
Sanguo SGV Project Summary
SGV is a groundbreaking e-mobility solutions provider based in Lilongwe, Malawi. With a strong commitment to innovation and sustainability, SGV offers a range of electric motorcycles and conversion services, catering to the growing demand for environmentally friendly transportation solutions. SGV is revolutionizing transportation in Malawi through provision of affordable, reliable, and sustainable electric motorcycles. The company's innovative solution integrates IoT technology, solar charging capabilities, and a smart asset management system. With 140 electric drivetrains already deployed, SGV is poised to expand its reach and impact.
Malawi's transportation sector is plagued by high fuel costs, currency fluctuations, and limited access to financing. SGV's electric motorcycles offer a game-changing solution, reducing fuel costs by up to 100% and providing a reliable, low-maintenance alternative. SGV is a pioneering e-mobility solutions provider in Malawi, dedicated to transforming the transportation sector through sustainable and innovative solutions. With a focus on electric motorcycles, SGV aims to increase mass market access to e-mobility solutions, reducing greenhouse gas emissions and promoting economic growth. The company's commitment to sustainability and environmental stewardship is reflected in its mission to provide affordable, reliable, and environmentally-friendly e-mobility solutions to the people of Malawi and beyond.
The company's product offerings include brand new electric motorcycles, electric drivetrain conversion of existing petrol motorcycles, and "pay-as-you-go" rental schemes for electric motorcycles. These solutions cater to a wide range of customers, from individuals to businesses, and are designed to provide a cost-effective and environmentally friendly alternative to traditional fossil fuel-based transportation. SGV's products are also equipped with advanced features such as tracking and data management, enabling customers to monitor their energy usage and optimize their transportation costs.
With support from the Green Economic Transition facility (GETF), SGV aims to achieve significant impacts. The company plans to reach 1000 low-income households with green solutions, creating 12 new jobs in the process, with a focus on employing women and youth. This initiative is expected to increase aggregate income by 20% for 150 low-income households, enabling them to improve their livelihoods and contribute to the local economy.
Furthermore, SGV expects to sell 150 electric motorcycles by the end of the project, reducing greenhouse gas emissions and promoting sustainable transportation practices in Malawi.
Transformative Impact
The project aims to achieve significant impacts, including reaching 1000 low-income households with access to green solutions, creating 12 jobs for women or youth, and increasing aggregate income by 20% for 150 low-income households. Additionally, the project aims to sell 150 electric motorcycles by the end of the project and enable 150 existing kabaza operators to earn significantly higher incomes.
Company Profile
SGV currently employs 28 full-time staff members, including technicians, sales and marketing professionals, and administrative personnel. The company plans to expand its workforce by hiring an additional 5 full-time technicians and increasing its Next Generation Apprenticeship program with Don Bosco to 15 students/apprentices per class.
Key Project Components
The project involves the integration of IoT-capable 'smart' systems into existing electric motorcycles, development of a daily rental scheme for electric motorcycles, expansion of the Next Generation Apprenticeship program, and establishment of a pay-as-you-go model for customers.
Innovative Solution
The integration of smart technology into electric motorcycles enables tracking, data management, and digital payments. This innovation allows SGV to offer tracking services directly to customers, providing an additional revenue stream.
Project Funding and Highlights
SGV secured co-financing for Milestone 1. The company is currently sourcing procurement documentation for the procurement of electric motorcycles. Furthermore, the company has finalized the development of the environmental and Social Governance Framework, identifying risks and implementing mitigation measures for successful project execution.