The United States (US) and asset financier Mogo have reaffirmed their commitment to supporting Kenya‘s efforts in transitioning to electric mobility (e-mobility) as a shared priority.
Mogo is focusing on financing e-bikes and three-wheelers, making various brands of EVs accessible to Kenyans in Nairobi and other parts of the country.
Currently, Kenya lacks a conducive environment for local manufacturing of Electric Vehicles. Therefore, the focus should be on encouraging local assembly.
An e-mobility firm is seeking to transform Kenya's transport sector through the introduction of new electric vehicle models.
The Finance Bill 2024, which has proposed to subject Value Added Tax (VAT) on electric buses and locally made mobile phones
The global consultancy firm has been engaged by taskforce to help with cost-benefit analysis as critics claim a conflict of interest by the company as it has clients in the fossil fuels industry.
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