Market News

  • Equator Mobility, an EV leasing company, is expanding in Kenya

    Posted on :Monday , 26th December 2022

    Equator Mobility, formerly META Electric, is expanding its activities in Kenya with the goal of quickening the shift to electric mobility. It began operations last year with the introduction of a B2B leasing programme with the possibility of direct sales for commercial electric cars, seed-funded by Maris Ltd, an Africa-focused investment firm. Lease terms range from 6 to 12 months.

     . . .

  • BasiGo will begin EV assembly in Kenya following a $6.6M investment

    Posted on :Friday , 25th November 2022

    BasiGo will begin building electric buses in Kenya next month, ramping up its production of public transportation vehicles (PSVs) in order to deliver 100 units by the end of next year.

     

    After completing a six-month trial programme in Nairobi, Kenya, the business expects to deliver 15 of the 100 buses, which will be built using parts from China's EV manufacturer BYD Automotive,. . .

  • Electric bus debuts in Nairobi to promote clean energy

    Posted on :Thursday , 27th October 2022

    In a city where smog-belching minivans are much more common, a Nairobi-based green mobility business revealed an electric bus that its creators believe will promote ecologically responsible travel.

     

    Although it is the capital of the economic superpower of East Africa, the city of roughly five million people lacks a state-run transportation system, and the colourful bus drove o. . .

  • Kenya: KAM and AAAM Partner to Promote Automotive Industry Growth

    Posted on :Wednesday , 26th October 2022

    Kenya Association of Manufacturers (KAM) has joined with the African Association of Automotive Manufacturers (AAAM) to advance the automotive industry's sustainable development and expansion in Kenya.

     

    The partners stated that the aim will be met through growing output, increasing trade, and boosting Kenya's automotive industry's worldwide competitiveness.

     

    A. . .

  • Four more Kenyan towns are now served by Uber

    Posted on :Friday , 30th September 2022

    Eldoret, Nakuru, Naivasha, and Kisumu are the four new cities in Kenya where Uber has announced its expansion.

     

    Now accessible in 8 East African cities, the expansion strengthens Uber's position there. Since the company's 2013 start, it claims to have performed 1 billion trips in Africa.

     

    The business also unveiled new features, updates, and solutions geared . . .

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