Fez Delivery launches electric bikes to provide eco-friendly last-mile services in Nigeria

Leading last-mile delivery service connecting businesses and markets in Nigeria, Fez Delivery, has launched electric bikes in Nigeria. Called the “FEZ ECO,” the company describes it as an innovative line of electric bikes.

The company says introducing the electric bikes signifies a substantial leap towards a cleaner, more economical, and efficient solution for goods transportation. It also underlines Fez Delivery’s dedication to sustainability and environmental responsibility.

With the growing demand for Last Mile Delivery services, as the e-commerce landscape expands, service providers need to offer cost-effective and eco-friendly options. According to Statista, Nigeria’s eCommerce market revenue is projected to reach US$6,710.00m in 2023, highlighting the need for efficient delivery services to meet this growing demand.

Speaking about the development, CEO and Co-Founder of Fez Delivery, Seun Alley said the launch represents a significant leap forward in the company’s commitment to sustainability and innovation.

“Today, we proudly introduce electric vehicles to our last-mile delivery fleet. This monumental step not only aligns with our vision for a cleaner, greener future but also represents a milestone in our ongoing efforts to enhance the efficiency and reliability of our services. As we navigate toward a more sustainable tomorrow, we look forward to serving you with the same dedication and now with a greener footprint. Together, we’re shaping a better future, one electric mile at a time,” he said.

Fez Delivery moving towards sustainable transportation

In a move that mirrors global trends towards sustainable transportation, Fez Delivery’s latest electric motorcycles offer a sustainable, eco-friendly, and affordable solution to its customers. The Last-Mile delivery service seeks to empower businesses and individuals by providing efficient eco-friendly services. 

FEZ ECO is a sustainable solution which reduces carbon emissions, and utilises a fleet management system, aiding drivers in optimising their routes to avoid traffic congestion, resulting in faster deliveries and reduced fuel costs. Additionally, it provides customers with user-friendly features for tracking their deliveries and receiving real-time updates, enhancing overall customer satisfaction.

The company noted that the benefits of the new electric bike, the FEZ ECO are:

• Cost Saving: Lower operational costs due to no fuel usage and maintenance expenses.
• Electric-Powered: Zero-emission electric bikes for a green and sustainable delivery solution.
• Nimble and Efficient: Maneuverability in urban traffic for faster deliveries.
• Smart Tracking: Real-time tracking and monitoring of deliveries for increased transparency and security.

This solution further provides an affordable option to customers, easing the burden of Nigeria’s current economic climate. 

Speaking about its commitment to innovation, longtime Fez Delivery user and CEO of ThriftWithRay, Racheal Adetunji said she is confident that this new innovation would be a game-changer in the Nigerian e-commerce space.

“We’ve been partners with Fez Delivery for years, and their commitment to innovation and quality has always impressed us. Their previous products transformed our business, setting new standards for excellence. As we eagerly anticipate their upcoming product launch, we’re confident it will be another game-changer. We can’t wait to see what they have in store, and we’re excited to continue our successful journey together,” she said.

About Fez Delivery

Fez Delivery was founded in 2018 by Seun Alley who described it as a pioneering last-mile delivery company, bridging the gap between businesses and markets. The delivery company says its commitment revolves around fostering peace and nurturing trust within the communities it serves.

In March, the Techstars Toronto-backed company raised $1 million in a seed funding round. This funding helped the company to expand its business across Nigeria and Africa while improving its technology to ensure efficiency as well as increasing its marketing spend.

As of the time it raised the funding, the logistics company boasts over 17,000 users on its platform. 70% of them are individuals while 30% comprise a combination of SMEs and startups. The company also said it completed 200,000 trips in 2022 and grew its revenue by 20% month-on-month. It said Flutterwave, Kuda Bank, Moniepoint, OPay, Red Bull and Famasi Africa are some of its clients.

To help meet the demand, the company developed a SaaS platform to verify and onboard two-wheeler logistics platforms of about five-10 fleet sizes. These third-party partners receive revenue from Fez Delivery as individuals get charged per delivery (distance/size of items) and businesses pay a flat-fee subscription (based on a set range of deliveries).

Last year, the company launched FEZ for fintechs in a bid to provide debit cards and POS terminals to customers and agents in Nigeria.

“At Fez, our aim is to become the preferred choice for customers, employees, and investors on a global scale. We are dedicated to driving growth in our core logistics business, ensuring profitability, and embracing digital transformation across all our ventures. Through streamlined business practices, active corporate engagement, and educational initiatives, we actively contribute to a more seamless world,” the company said.

See also: Fuel price hike: Dispatch riders say they now spend more and earn lesser for delivery