Uganda Tackles Financing Barriers to Accelerate Electric Mobility

In Uganda, the battery swapping network grew from 150 stations in mid-2024 to over 350 by late 2025, mainly for electric motorcycles. A World Bank study finds that electric vehicle demand remains manageable, but investments in grid infrastructure, clear regulation, and affordable financing are essential for inclusive growth. The electric transition started with motorcycles, which account for over 60% of the vehicle fleet, providing significant savings for riders. The main challenge is managing electricity consumption based on when and where charging occurs.