MOU Signed with ARC Ride on Study of Battery Secondary Use Methods
Musashi Seimitsu Industry Co., Ltd. (Headquarters: Toyohashi City, Aichi Prefecture; President and CEO: Hiroshi Otsuka; hereinafter "Musashi") exhibited a booth at the TICAD Business Expo & Conference held as part of the Ninth Tokyo International Conference on African Development (TICAD9) at Pacifico Yokohama from Wednesday, August 20 to Friday, August 22, 2025. On August 21, Prime Minister Shigeru Ishiba, Former Prime Minister Fumio Kishida, African Development Bank Vice President Solomon Quaynor, and numerous other officials from Japanese and African governments and governmental organizations have visited Musashi booth.
▲Prime Minister Shigeru Ishiba, Former Prime Minister Fumio Kishida, and African Development Bank Vice President Solomon Quaynor have visited the Musashi booth. Prime Minister Ishiba showed interest in the electric motorcycle batteries and business development in Kenya, and Musashi President and CEO Otsuka explained the impact of e-Mobility deployment on Africa's economy, environment, and society.
Additionally, in his remarks during the Public-Private Business Dialogue on the afternoon of August 21, Prime Minister Ishiba stated, "This morning, I visited the booth of Musashi Seimitsu Industry. This company, Musashi Seimitsu Industry, is working with local startups in Kenya and Ethiopia on electric motorcycle battery swapping station businesses, working to realize carbon-neutral transportation methods," introducing Musashi's initiatives.
Statement by Prime Minister at the Public-Private Business Dialogue (Source: Prime Minister's Office Website)
https://www.kantei.go.jp/jp/103/statement/2025/0821aisatsu02.html
Additionally, in his remarks during the Public-Private Business Dialogue on the afternoon of August 21, Prime Minister Ishiba stated, "This morning, I visited the booth of Musashi Seimitsu Industry. This company, Musashi Seimitsu Industry, is working with local startups in Kenya and Ethiopia on electric motorcycle battery swapping station businesses, working to realize carbon-neutral transportation methods," introducing Musashi's initiatives.
Statement by Prime Minister at the Public-Private Business Dialogue (Source: Prime Minister's Office Website)
https://www.kantei.go.jp/jp/103/statement/2025/0821aisatsu02.html
▲A stage event was held on the theme of "The Need for Electric Mobility in Africa's Development." From left: Musashi President and CEO Hiroshi Otsuka, ARC Ride CEO Jo Hurst-Croft, African Development Bank's Tomoki Fukunaga, Greenwheels' Mr. Nabil Anjarwalla, and UNCOVERED FUND's Takuma Terakubo.
【MOU Signed with ARC Ride】
On August 21, a signing ceremony was held at the TICAD9 venue, where Musashi signed an MOU with ARC Ride, a Kenyan EV startup that Musashi has invested in and partnered with, regarding the study of secondary use methods for batteries.
【MOU Signed with ARC Ride】
On August 21, a signing ceremony was held at the TICAD9 venue, where Musashi signed an MOU with ARC Ride, a Kenyan EV startup that Musashi has invested in and partnered with, regarding the study of secondary use methods for batteries.
▲Signing ceremony scene. Musashi's Chief Innovation Officer (CIO) Takeshi Isaku and ARC Ride CEO Jo Hurst-Croft attended.
The expansion of the electric motorcycle market in Kenya, expected to exceed 60,000 units by 2030, brings not only a transformation in transportation methods but also new challenges in processing used batteries. Under this MOU, both companies will explore technologies and business models aimed at supplying electricity to off-grid areas through repurposing used batteries, working to build sustainable business models that utilize these batteries as "regional resources" rather than waste.
Musashi will continue to aim for the promotion of sustainable mobility in the African region and contribution to environmental, economic, and social development.
【About Musashi】
Musashi Seimitsu Industry develops, manufactures, and sells next-generation powertrains, steering, and chassis components for four-wheel and two-wheel vehicles, with a focus on electrification and autonomous driving. Additionally, the Company is actively promoting Industry 4.0 through advanced AI technology development, and is working on creating and expanding new businesses through open innovation, including energy solution businesses aimed at achieving the SDGs across various fields, as well as agriculture and plant biotechnology.
Musashi Web Site: https://www.musashi.co.jp/en/
The expansion of the electric motorcycle market in Kenya, expected to exceed 60,000 units by 2030, brings not only a transformation in transportation methods but also new challenges in processing used batteries. Under this MOU, both companies will explore technologies and business models aimed at supplying electricity to off-grid areas through repurposing used batteries, working to build sustainable business models that utilize these batteries as "regional resources" rather than waste.
Musashi will continue to aim for the promotion of sustainable mobility in the African region and contribution to environmental, economic, and social development.
【About Musashi】
Musashi Seimitsu Industry develops, manufactures, and sells next-generation powertrains, steering, and chassis components for four-wheel and two-wheel vehicles, with a focus on electrification and autonomous driving. Additionally, the Company is actively promoting Industry 4.0 through advanced AI technology development, and is working on creating and expanding new businesses through open innovation, including energy solution businesses aimed at achieving the SDGs across various fields, as well as agriculture and plant biotechnology.
Musashi Web Site: https://www.musashi.co.jp/en/