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Rideence Inks KSh 320M Deal with AVA to Kickstart Local Electric Vehicle Assembly in Mombasa

Rideence Africa Limited has announced a KSh 320 million partnership with Associated Vehicle Assemblers (AVA) to commence the local assembly of electric vehicles (EVs) in Mombasa. The ambitious project, which officially kicked off this week, aims to assemble 152 electric units from Completely Knocked-Down (CKD) kits by the end of February 2026. The initial batch will consist of 132 units…