carolofafa

The global electric vehicles market is rapidly growing with over 80% of sales in all vehicle segments by 2050 are expected to be electric. Electric two-wheelers have the highest degree of electrification today in African and Asian markets. Increased sales in electric vehicles will be driven by favorable regulations and policy, improved unit economics including cost per unit of EV sold and the development of technology that is contextually viable for each region.   Kenya has announced intentions to eliminate imports of all second-hand cars by 2026 and therein lies an opportunity to invest in and support the influx of electric vehicles. Two- and three-wheelers are the most feasible for EV adoption in Kenya due to the increased convenience, availability and road structure in the region. Kenya is currently a hotbed for innovators and entrepreneurs within the electric mobility space with most companies requiring support to scale -up. Electric vehicles being assembled in Kenya include mo...