GuyWay Launches 52-Tesla Ride Service, but Electricity and Maintenance Challenges Loom

Guyana’s electric transportation sector has received a significant private-sector investment with the launch of GuyWay, a new ride service operating a fleet of 52 Tesla vehicles, even as questions remain about the country’s electricity reliability, charging infrastructure and capacity to maintain a growing number of electric vehicles.

Founded in 2025 by Peter Lorenzo, Michel Rheaume and Rico Ding, GuyWay will provide transportation services across Georgetown, including airport transfers. The company has also announced plans to introduce more than 100 additional vehicles as it expands its operations.

Prime Minister Brigadier (Ret’d) Mark Phillips welcomed the investment at Friday’s launch, describing it as an example of private-sector participation in Guyana’s expanding economy.