October 2, 2022

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Blitz sells 400 smart e-mopeds to South African franchisee

2 min read
Blitz sells 400 smart e-mopeds to South African franchisee

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Israeli intelligent e-mopeds organization Blitz Systems (TASE: BLTZ) has signed a offer with South Africa’s AKATA Strength to sell 400 wise e-mopeds in excess of two yrs from July 2022. AKATA Energy will spend about US$1 million not together with the order of the batteries, which will be provided as a result of a BAAS product (Battery as a Service). The accumulated quantity of the orders, which include the order of the e-mopeds and supplemental companies, is believed at about NIS 14 million, which includes leasing the batteries, as effectively as revenue of pieces and other companies.

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Blitz CEO Raphael Moszynski claimed, “Subsequent attempts to broaden our geographical footprint and after we have consolidated our deployment in Europe, I am delighted to report a significant deal in a new territory – South Africa. The deal is a end result of intensive get the job done with AKATA Energy which generated prosperous local pilot assignments with large opportunity buyers and following this, we are setting up with our very first consignments to the southern hemisphere.

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“In the latest months, the administration and I have worked to reinforce our romantic relationship with the South African franchisee, in get to employ the considerable deal that we are reporting now. Conversations included the enhancement of advertising and marketing, business and professional designs, initiating joint conferences in South Africa with the franchisee, for likely customers in the country.

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The electric auto sector in South Africa is in its infancy which tends to make this deal notably strategic. I imagine in the likely contained in the continent and I am certain that the partnership with AKATA Strength in South Africa is our gateway to the total continent.

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We have located in AKATA Electricity, a companion with a very expert management that has been amazed by our technological innovation and business enterprise model and jointly we will carry on to perform to distribute our smart e-mopeds and expand our joint routines. Selecting Blitz, in particular in a new territory demonstrates an additional vote of self-confidence in our business model, the high quality of our e-mopeds, batteries and in unique the deal of products and services and details that are not able to be when compared to something else in the industry for the clients, in which Blitz specializes.”

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AKATA Holdings CEO Alwyn Steenkamp reported, “The reported deal signifies a significant milestone in South Africa’s inexperienced transport journey. The collaboration with Blitz will allow us to deliver not only to South Africa but also the total African continent, the newest technology in the subject of last mile logistics.”

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Revealed by Globes, Israel business information – en.globes.co.il – on July 14, 2022.

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© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

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