Market News

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 crea . . .

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 deploym . . .

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. Th . . .

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 publi . . .

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 . . .