Market News

Startups are targeting Kenya as an African EV powerhouse
Startups are targeting Kenya as an African EV powerhouse
23 February 2022

Many e-mobility businesses have set up shop in Kenya to try to get electric vehicles on Kenyan roads, potentially turning the country into a regional centre for EVs. Working to alter areas such as public transit, motorbikes, and taxis, the firms want to leverage on Kenya's position as a worldwi . . .

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Nairobi based Car & General enters the electric car market
Nairobi based Car & General enters the electric car market
27 January 2022

Car and General (C&G) will begin selling electric vehicles and tuk-tuks as part of a strategy to expand into the 'green' mobility market, which is projected to increase in response to efforts to combat climate change and pollution. For decades, the Nairobi Securities Exchange-listed company has . . .

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Plans Underway to Introduce All-Electric Cars in the Nation says Kenya Power
Plans Underway to Introduce All-Electric Cars in the Nation says Kenya Power
27 January 2022

Kenya Power claims that the country's innovative ambitions to enter into the all-electric car industry are well underway. Acting Managing Director Rosemary Oduor of the utility corporation said the government is closely monitoring the situation in order to make it easy for those who want to buy . . .

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Uber Partners with Opibus to Offer Electric Motorcycles in Kenya
Uber Partners with Opibus to Offer Electric Motorcycles in Kenya
28 December 2021

Uber Kenya has revealed fresh ambitions to include electric motorbikes in its ridesharing service. To do this, the startup located in the United States is collaborating with electric car manufacturer Opibus. However, no timetable was provided for when the corporation plans to implement this initiati . . .

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Kenya Power intends to set up electric vehicle charging stations in malls, highways
Kenya Power intends to set up electric vehicle charging stations in malls, highways
28 December 2021

KPLC stated ambitions to expand its presence in the electric car industry by constructing statewide charging stations and fighting for lower import taxes on non-fuel-powered vehicles. The power distributor announced that it will establish a network of public electric car charging stations, so elimin . . .

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