VW and BlackIvy join forces to promote green growth and sustainable mobility in Ghana

Business news for Thursday, September 17, 2020

Source: FM class

2020-09-17

Volkswagen Ghana and BlackIvy Ghana have signed a Memorandum of Understanding (MoU) to collaborate towards the mutual goal of sustainable mobility, green growth and more affordable cars and housing in Ghana.

BlackIvy Ghana is a subsidiary of BlackIvy LLC, an American company that creates and grows business companies in Sub-Saharan Africa.

BlackIvy Ghana operates businesses in housing, healthcare, warehousing and industrial real estate.

The strategic collaboration between BlackIvy Ghana and Volkswagen Ghana was signed on September 16 in Accra in the presence of Dr. Mahamudu Bawumia, Vice President of Ghana, and Robert Ahomka-Lindsay, Vice Minister of Trade and Industry.

The collaboration follows the official launch of local vehicle assembly by Volkswagen Ghana in August this year.

Volkswagen and BlackIvy are collaborating to: increase the affordability of homes and passenger cars in Ghana; providing modern and green mobility and promoting a larger value chain for the automotive manufacturing industry at BlackIvy’s WestPark Industrial Park in the resource-rich western region of Ghana.

The partners’ plans for sustainable mobility, including assessing the feasibility of reducing carbon emissions by piloting a compressed natural gas (CNG) filling station for trucks and commercial vehicles.

This pilot would be the first CNG filling station in West Africa, while a fleet of CNG trucks could save on logistics costs, cut carbon emissions by up to 20%, and decrease harmful particles, a factor in air pollution. and the associated health risks, at approximately 85%.

In the long term, the partnership could deliver Volkswagen electric vehicles and associated charging infrastructure to Ghana.

“The strategic partnership we form today with BlackIvy is part of Volkswagen’s larger goal of increasing its presence in the Sub-Saharan region, in a way that benefits the citizens of this region,” said Rochelle Reddy, Africa Sub-Operations Director. Saharan.

“With BlackIvy, we have found a partner with the same values. This agreement paves the way for sustainable and accessible mobility in Ghana ”.

“BlackIvy was launched in Ghana six years ago to offer essential products and services with a relentless focus on quality. At Volkswagen, we have found a partner who shares our commitment to Ghanaian craftsmanship and innovation, ”said Jean-Louis Warnholz, CEO of BlackIvy.

“We are excited to join Ghana and Volkswagen in developing smart and sustainable industries that create new economic engines for the country’s growth.”

Volkswagen is strengthening the regions and targeting new emerging markets as part of its TRANSFORM 2025+ brand strategy.

Along with North America, South America and China, the sub-Saharan African region plays an increasingly important role.

Although the African auto market is comparatively small today, the sub-Saharan region has the potential to become a growing auto market of the future.