Market News

  • By September, Kenya Power will establish electric vehicle charging stations

    Posted on :Thursday , 1st September 2022

    As the transition to clean transportation gains traction, Kenya Power will begin building electric charging stations for households, businesses, and the general public nationwide as of next month. In order to pilot the charging stations, the State-owned power utility is looking for a company to create an e-mobility network infrastructure system (ENIS) in Nairobi and Nakuru.

    Due to the req. . .

  • The first electric bus ever created and developed in Africa is unveiled by Opibus

    Posted on :Wednesday , 24th August 2022

    The first all electric bus in Kenya and the first electric bus ever with an African design have just been launched by Opibus. By the end of 2023, the business hopes to offer an electric bus that was created and built locally and that can be mass-produced for the entire African continent. The deployment of products designed for the local use case is a step in achieving Opibus's objective of elec. . .

  • Kenya to establish an automotive council to promote local auto assembly

    Posted on :Thursday , 28th July 2022

    According to President Uhuru Kenyatta, the Kenyan government will establish a national automotive council to support the execution of an automotive strategy aimed at increasing local car assembly.

     

    Kenyatta said while introducing the locally built Euro 4 Mitsubishi L200 truck in Nairobi.

     

    The Head of State urged industry players to continue collaborating with. . .

  • MetroTrans East Africa invests Sh389m in a fleet of FUSO buses

    Posted on :Tuesday , 28th June 2022

    MetroTrans East Africa has spent Sh389 million on a fleet of 80 new FUSO buses in an effort to reduce public transportation demand in Kenya.

     

    The venture is a leasing partnership between National Bank of Kenya (NBK) and Simba Corporation as they attempt to address the increasing demand for public transportation as the population grows.

     

    Nairobi now has around. . .

  • Local Vehicle Assemblers in Kenya eye 70pc sales jump on used trucks ban

    Posted on :Tuesday , 24th May 2022

    Kenyan annual sales of domestically produced automobiles are predicted to climb by 70%. This is in response to the government's edict prohibiting the entry of secondhand trucks and buses.

     

    The importation of secondhand buses longer than seven metres has been prohibited, according to a statement issued by the Kenya Bureau of Standards (KEBS). The prohibition goes into effect on. . .

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