electric vehicles
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NEWS
Kenya’s KSh390 billion EV plan puts solar charging and the wider energy transition in focus
Kenya’s proposed KSh390 billion green mobility investment would connect electric vehicle manufacturing with a major expansion of charging infrastructure, including 1,000 proposed solar-powered charging hubs. The Government of Kenya and Endelevu Enterprise Corporation signed an MoU on October 6 for the proposed US$3 billion programme, which also covers two vehicle assembly facilities and a digital platform capable of supporting up…
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GREEN FINANCE
NCBA, Salvador Caetano Partner on EV Financing Scheme
NCBA Bank has signed a Memorandum of Understanding with Salvador Caetano Kenya Limited, one of East Africa’s leading automotive distributors, introducing a structured asset financing scheme covering a range of passenger and commercial vehicles, including electric vehicles (EVs). The partnership extends NCBA’s dealer financing ecosystem and positions the bank to capture growing demand for EV financing as Kenya’s cleaner mobility…
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MOBILITY
Inside Kenya Power’s Commitment to Electric Mobility
Kenya Power has recently been stepping up efforts to increase the uptake of electric vehicles and motorbikes in the country (eMobility). In line with its commitment to sustainable energy and green mobility solutions, the company announced in April last year an investment of up to KShs. 258 million over a three-year period to support the uptake of electric mobility in…
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