Market News

  • Bolt Comes over 500 Kenyan Electric Bikes

    Posted on :Wednesday , 12th March 2025

    With more than 500 electric motorcycles in its fleet, ride-hailing business Bolt has declared a major milestone in Kenya.

     

    Rapid adoption of the partnership, which moved from a pilot model to full scaling up in December 2024, has confirmed that electric bikes are a viable and affordable mobility option in Kenya.  

     

    By the end of 2025, Bolt hopes to have . . .

  • Burkina Faso launches a new EV brand entering the African EV market

    Posted on :Thursday , 6th February 2025

    Africa's electric vehicle (EV) market is growing more competitive as a number of nations make notable adoption progress.

     

    Burkina Faso's homegrown electric car, ITAOUA, just made its debut, enhancing the continent's EV scene even further.

     

    The company claims that the ITAOUA EV has remarkable qualities, including a 330-kilometer range on a single charge that c. . .

  • New FAW Truck Lineup Revealed by TransAfrica Motors

    Posted on :Wednesday , 4th December 2024

    At a private ceremony in Nairobi, TransAfrica Motors unveiled its newest range of FAW trucks, displaying the newest models designed to withstand the challenging African road conditions. Dealers, industry partners, and stakeholders gathered at the gathering to receive a personal look at the new trucks' features and performance.

     

    Mr. Karama, Branch Manager at TransAfrica Motors,. . .

  • Ampersand expands its manufacturing capacity in Nairobi to satisfy Kenya's rising e-motorcycle demand

    Posted on :Tuesday , 5th November 2024

    Ampersand, the top electric vehicle (EV) energy technology firm in Africa, has tripled its production capacity in Kenya with the opening of a new, larger manufacturing facility in Nairobi. With more than 1,100 Ampersand e-motos currently in service, this strategic expansion allows it to satisfy the nation's fast growing demand for electric motorcycles.

     

    With a floor area of 21. . .

  • Kenya signs a Sh2.6 billion contract with a Chinese company for electric vehicle assembly

    Posted on :Monday , 5th August 2024

    Chinese automaker Chery plans to increase its production of electric vehicles (EVs) in Kenya by investing Sh2.62 billion.

     

    The agreement, which was signed, was a collaboration with the Kenyan company Afrigreen Automobile and calls for building an assembly manufacturing plant to generate electric cars domestically.

     

    Principal Secretary Abubakar Hassan Abubakar. . .

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