Bolt Launches New Tricycle Business in Uyo

Bolt, the leading on-demand transportation platform in Europe and Africa, has added tricycles to its ride-hailing options and has launched the service in Uyo, Akwa-Ibom State. This is the ride-hailing company’s second major update since the year began, the first being the addition of multiple destinations and passengers to one trip.

In Nigeria’s ride-hailing sector, there are quite a number of options available to people based on quality or pricing. The many options present result in stiffer competition and forces companies to innovate and keep up with competitors. And this is evident in Bolt’s launch of tricycles in Uyo

The country manager, Femi Akin-Laguda said that the tricycles in Uyo is the first step in a new direction for the company as their intention is to bring a renewed effort to solving local problems with globally tested solutions. 

He goes on to say that 'we have already built the biggest ride-sharing platform in Nigeria for cars and the knowledge we have gained in that endeavor gives us a significant advantage in taking on the unique transportation challenges in all the cities where we operate. Tricycles in Uyo is the first step in this direction as we intend to bring a renewed effort to solving local problems with globally tested solutions."

Bolt’s tricycle debut in the country will open it up to another class of commuters and give it more market share in that area. However, the two major tricycle hailing companies (Bolt and Opay) will face off at some point, except if either of Bolt and Opay chooses to operate in cities where the other does not operate, which is unlikely.

Tricycles seating up to 3 passengers have become a highly popular mode of transport in major cities including Uyo as they make navigating through traffic jams much easier and faster than cars. Bolt was the first global platform to launch motorcycles and auto-rickshaws in a number of Eastern African countries. Bolt also offers tricycle hailing services in Dar es Salaam, Tanzania, and Mombasa, Kenya. 

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