electric vehicles - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

M-KOPA expands EV financing model to electric tuk tuks in Kenya

Sacco ReviewSeptember 8, 202603 mins

M-KOPA expands electric vehicle financing to tuk tuks. The company has already financed more than 10,000 electric motorcycles. Lower running costs could accelerate Kenya’s shift to electric transport. M-KOPA is expanding its pay-as-you-go electric mobility financing model to tuk tuks, after financing more than 10,000 electric motorcycles in Kenya. The move targets another major segment…

Gov’t to waive import duty on first 100,000 electric vehicles, Says President Ruto

Sacco ReviewMay 23, 202603 mins

President William Ruto has announced that the first 100,000 electric vehicles (EVs) imported into Kenya will be exempt from import duty as part of the government’s efforts to accelerate the country’s transition to clean energy transport and strengthen the economy. The President said the tax waiver will apply to both private and commercial electric vehicles,…