Velocity Express is a new company formed under Belayneh Kinde Group, and the purpose of its establishment is to provide modern public transport services in Addis Ababa. For the first time, the company has launched its operation with 20 electric mini busses. Each minibus can transport 15 passengers. The company has also deployed 2 electric buses with 40 seats and a capacity of carrying up to 70 passengers each. The organization is a pioneer in introducing electric vehicles for public transport in Addis Ababa.