Musashi Announces Additional Investment for ARC Ride

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Musashi Seimitsu Industry Co., Ltd. (Global Headquarters: Toyohashi-city, Aichi, Japan; President and CEO: Hiroshi Otsuka, “Musashi”) has made an additional strategic investment in ARC Ride (Headquarters: Nairobi, Kenya; CEO: Jo Hurst-Croft, “ARC Ride”). Musashi and ARC Ride are collaborating to promote the adoption of new E-mobility technologies in East Africa.
Musashi and ARC Ride will not only focus on the hardware side of the 2 and 3 wheel electric vehicles, but also expand their partnership to focus on the software side of the business, with access to data that can be extracted from the vehicles. Such insights are planned to assist the riders with their performance, as well as gaining important information about the status of the vehicles themselves.
Musashi will promote the development of e-mobility in East Africa, as well as contributing to the realization of a prosperous global community, where people and environment are in harmony. Musashi also seeks to enhance its strategy towards carbon neutrality with the assistance of ARC Ride.

【About ARC Ride】
ARC Ride is a leading African EV company with an assembly plant in Nairobi, Kenya. It has created an EV ecosystem that supports the transition to clean energy mobility systems. ARC Ride designs, builds and assembles Electric 2 wheelers and 3 wheelers as well as a proprietary battery swapping and management platform. ARC Ride enables existing first and last mile transport solutions to go electric and empower a new generation of commuters to embrace personal E-mobility. We are at the forefront of the E-mobility revolution sweeping across Africa.
ARC Ride Website: http://arcrideglobal.com


【About Musashi】
Musashi Seimitsu Industry Co., Ltd. is a global auto parts Tier1 company for automobiles and motorcycles, whose headquarters is located in Toyohashi, Japan. It has 36 manufacturing sites spreading across Europe, North and South America, China, and South East Asia. Musashi specializes in designing, developing and manufacturing products such as Differential Assemblies, Transmission Gears and Assemblies, and Linkage and Suspension (L&S) products especially for the future automobiles including electric and autonomous vehicles. Musashi is also generating and expanding new businesses through open innovation with global startups to contribute to the SDGs in wider business domains. Musashi AI, a leading-edge AI technology subsidiary to lead Industry 4.0, is one of the examples.
Website: https://www.musashi.co.jp/en/