Learn · Fleet economics

Stop Burning Money on Fuel. Start Investing in Your Business.

See why thousands of businesses are switching from petrol motorcycles to electric motorcycles through Stattor's financing program.

Fuel volatility

Out

Fixed repayments

In

Margin per delivery

Up

Why switch

Why Businesses Switch to EVs

Fleet operators move to electric when the numbers are clear—lower costs, fewer surprises, and stronger margins.

Lower Running Costs

Electric motorcycles cost significantly less to operate than petrol motorcycles.

Lower Maintenance

No engine oil, no spark plugs, fewer moving parts, and significantly lower servicing costs.

Predictable Monthly Costs

With financing, businesses pay fixed monthly repayments instead of unpredictable fuel and maintenance expenses.

Higher Profit Margins

Lower operating costs mean riders and fleet operators keep more of every delivery.

Sustainable Growth

Modernize your fleet while reducing emissions and preparing for the future of mobility.

Interactive tool

Savings Calculator

Model your fleet in real time. Adjust the inputs and watch petrol vs EV economics update instantly.

Fleet information

km

Fuel information

₦/L
km/L

EV information

₦/kWh
km/kWh

Savings summary

₦527,500/ month

Annual savings

₦6,330,000

Cost reduction

47.3%

Break-even

Month 1

Five-year savings

₦31.7M

Petrol fleet

Daily fuel34.3 L
Monthly fuel891 L
Monthly fuel cost₦936,000
Monthly maintenance₦180,000
Total monthly₦1,116,000

EV fleet

Monthly electricity780 kWh
Monthly charging₦58,500
Monthly maintenance₦80,000
Monthly financing₦450,000
Total monthly₦588,500

Recommendation

If you replace your 10 petrol motorcycles with EVs through Stattor, your business could save approximately ₦6,330,000 annually (₦527,500 per month)—about 47% lower operating costs. These savings can help offset financing repayments while improving profitability and reducing exposure to fluctuating fuel prices.

Monthly cost comparison

Cost breakdown

Five-year projection

Financing explained

From petrol bikes to financed EVs

A clear path from the fleet you run today to electric motorcycles financed through Stattor’s partner network.

  1. 1

    Business owns petrol bikes

  2. 2

    Stattor values the bikes

  3. 3

    Bikes are sold

  4. 4

    Sale proceeds become equity

  5. 5

    Partner bank finances the balance

  6. 6

    Business receives brand-new EVs

  7. 7

    Monthly repayments begin

  8. 8

    Lower operating costs kick in

  9. 9

    Business saves money every month

FAQ

Frequently asked questions

Straight answers for fleet owners evaluating electric financing.

Outright purchase ties up large amounts of working capital that logistics businesses need for fuel buffers, payroll, and growth. Financing through Stattor lets you deploy new EVs while preserving cash for operations—and trade-in proceeds reduce the amount you finance.

Impact

Success metrics

Illustrative platform outcomes—updated from live data when available.

0 L

Total fuel saved

0 t

CO₂ emissions reduced

0+

Businesses onboarded

0+

EVs financed

₦0M

Avg. customer savings / yr

Ready to Reduce Your Fleet Costs?

Use our financing program to transition your business to electric motorcycles without paying the full cost upfront.