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BOLT LITE GROWS BY 10% MONTH-ON-MONTH, EXPANDING AFFORDABLE AND ACCESSIBLE TRANSPORT IN SOUTH AFRICA

Bolt, the leading ride-hailing platform in South Africa, continues to champion affordable and accessible transport with its Bolt Lite category, which has seen a remarkable 10% month-on-month growth since its launch in 2023. The category, utilising fuel-efficient Bajaj vehicles, offers the lowest trip fares in the industry, providing a cost-effective and inclusive solution for commuters across the country, particularly during these challenging economic times.

Bolt Lite is designed to support South Africans who rely on budget-friendly transport options, ensuring that mobility is available to all. It also offers drivers valuable earning opportunities, particularly in the face of rising living costs. Through a rent-to-own partnership with MyNextcar, Bolt enables drivers who might not meet traditional financial institutions’ criteria to own their vehicles, empowering them as small business owners. This category bridges the transport gap, allowing commuters to travel when and how they want to.

We are incredibly proud of the success of our Bolt Lite category since its launch, said Simo Kalajdzic, Senior Operations Manager at Bolt: “The category has created earning opportunities for young people in a country where jobs are limited. Since launching, we’ve seen a 100% increase in Bolt Lite riders, a testament to the need for affordable transport solutions. Introducing low-cost Bajaj vehicles has helped drivers reduce operational costs, allowing them to earn more while providing passengers with reliable door-to-door transport. We’re thrilled to see how Bolt Lite is making a real impact.”

Bolt Lite provides an inexpensive option for short trips and supplements existing transport modes, such as buses, trains, and taxis. Many South Africans rely on public transport to complete most of their travels. Bolt Lite fits seamlessly into these routines, serving as the first or last-mile connection in many commuters’ daily routes.

Bolt’s commitment to inclusivity, affordability, and efficiency positions it as a crucial part of South Africa’s transport ecosystem, especially during Transport Month. It ensures that everyone can stay mobile and connected to economic opportunities while supporting the national goal of inclusive transport for all.

DID YOU KNOW?

Bolt is the global shared mobility platform that provides ride-hailing, scooter and e-bike sharing, food and grocery delivery, and car rental services in over 600 cities across 50 countries. Bolt’s services connect to existing modes of transport, making it easier for people to travel. In doing so, we aim to reduce overall levels of car usage and ownership and help make cities for people, not cars. The company’s full range of services are:

●      Ride-hailing

●      Scooter and e-bike sharing

●      Bolt Food, delivering ready-made meals from restaurants

●      Bolt Market, a fast grocery delivery service

●      Bolt Drive, car rental service

●      Bolt Business, a corporate mobility service

INFO SUPPLIED.

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