Volkswagen (VW) has reported more than 23,000 registered users of a pilot ride-hailing service in Rwanda, from which it plans to develop a ride-hailing and car-sharing business in Africa. VW wants to double the 384 daily rides recorded in July 2019. However, industry observers have questioned whether the scheme can compete with Uber and Bolt, neither of which operate in the Africans capital Kigali. VW’s pilot is set to run for two years, with potential launches following in Ghana and Ethiopia. Low spending power, lack of financing and used imports have kept demand low for new cars in Africa.
Volkswagen (VW) has reported more than 23,000 registered users of a pilot ride-hailing service in Rwanda, from which it plans to develop a ride-hailing and car-sharing business in Africa. VW wants to double the 384 daily rides recorded in July 2019. However, industry observers have questioned whether the scheme can compete with Uber and Bolt, neither of which operate in the Rwandan capital Kigali. VW’s pilot is set to run for two years, with potential launches following in Ghana and Ethiopia. Low spending power, lack of financing and used imports have kept demand low for new cars in Africa.