Electric Tricycles · For Operators
Own and Operate a Charging Centre
A charging centre for electric tricycles (electric keke) is an investment and operating decision — a business built on selling charged-battery service to working riders.
Two Operating Models
Choose the structure that fits you
Fleet & Centre Rental (A1): an integrated fleet plus centre with rental riders. Rider Ownership (A2): battery pool and centre infrastructure only, serving separately financed rider-owners.
A1 — Integrated Fleet & Centre
- You own the fleet, the battery pool and the charging centre
- Riders rent vehicles from you per earning day
- One integrated borrower obligation sits with you as the owner
A2 — Centre & Battery Pool Only
- You own the centre infrastructure and the battery pool
- You sell charged-battery service to separately financed rider-owners
- Centre debt and rider debt are distinct
The Standard Hub
What you operate
| Enrolled electric tricycles | 45 (A1) or 45 rider-owners served (A2) |
| Battery pool | 61-pack shared battery pool |
| Swap cabinets | Two 12-slot connected cabinets |
| Platform | Swap settlement and telemetry platform |
Responsibilities & What You Run
The operating discipline of a centre
Rider catchment
Build relationships with riders and rider associations.
Route & site assessment
Assess routes, traffic and site suitability.
Energy
Arrange reliable energy supply for charging.
Safety
Safe operations, standards and site security.
Maintenance
Cabinet upkeep and coordination of repairs.
Settlement & reserve
Daily settlement and battery reserve discipline.
Illustrative Centre Economics
A dated model, base: 45-vehicle hub
Gross receipts are not earnings or profit.
| Enrolled vehicles | 45 |
| Active utilisation | 90% |
| Earning days | 26/month |
| Swap services | ≈ 1,369 FES/month |
| Swap tariff | ₦4,000/FES* |
| Gross swap receipts | ≈ ₦5,475,600/month* |
| Energy cost | ≈ ₦1,598,875* |
| Settlement allowance (1.5%) | ≈ ₦82,134* |
| Variable maintenance (₦100/FES) | ≈ ₦136,890* |
| Battery renewal reserve (₦657.11/FES) | ≈ ₦899,518* |
| Fixed costs | ₦392,000* |
| Balance before bank debt service, taxes and post-cap charges | ≈ ₦2,366,183* |
* Illustrative planning figures — subject to contract and partner-bank approval. Model as at September 2026.
About the battery renewal reserve
₦657.11 per Full-Equivalent Swap (FES) funds a restricted-purpose battery reserve for battery renewal. It is not discretionary profit and not a solar budget. Month-end transfers to another regulated bank remain tracked; replacement suppliers must be approved to preserve compatibility.
Finance
An equity contribution is required, plus partner-bank asset finance and additional working capital. Actual terms are set by the partner bank, who is the lender and credit decision-maker.
Technical support from Glintedge
- Swap settlement and telemetry platform
- Cabinet telemetry and remote monitoring
- Training for centre staff and riders
- After-sales coordination for programme equipment
Application Sequence
How to proceed
Register interest
Feasibility discussion and route/site assessment
Partner-bank finance process
Centre build-out and onboarding