• Advertise with Us
Tuesday, October 3, 2023
  • Login
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Technology
    • Startups
  • Money Matters
  • Podcast
  • Videos
  • Digital Assets
  • Calendar
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Technology
    • Startups
  • Money Matters
  • Podcast
  • Videos
  • Digital Assets
  • Calendar
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Electric Vehicles to Make up 5% of Registered Vehicles in Kenya by 2025

Miriam WanguibyMiriam Wangui
October 28, 2020
in Kenyan News, Public Policy
Reading Time: 2 mins read
Electric Vehicles to Make up 5% of Registered Vehicles in Kenya by 2025

The government of Kenya aims to increase the uptake of electric vehicles in the country in the next five years with a goal to have 5% of all registered vehicles in Kenya being electric vehicles by 2025. According to a new government strategy, all new public buildings are required to have charging stations.

The number of registered motor vehicles in Kenya reached 3.28 million in 2018, consisting of passenger cars, light commercial vehicles, buses, heavy goods vehicles and motorcycles.

Governments across the world are embracing electric vehicles due to their cost-effectiveness and environmental friendliness. Some African countries have made great progress, like Rwanda which launched an electric vehicle pilot project in October 2019.

KWS Square 320 KWS Square 320 KWS Square 320

The electric vehicle industry in Kenya is still young with only 300 electric vehicles in the country as at 2019 according to Dr. Rebekah Shirley, Chief Research Officer at Power For All who recently spoke in an interview with CNBC Africa. Nonetheless, demand for electric cars is projected to grow as the vehicles become more affordable and charging stations become widely available.

Government agencies are working together to provide the necessary infrastructure for non-fuel based cars. In August, KenGen announced plans to roll out an electric car charging facility. In addition, an official from the Ministry of Energy revealed that the government will give incentives like lower import duty for electric cars, motorcycles, and bicycles.

ALSO READ;

Tesla Beats Toyota to Become World’s Most Valuable Automaker


Previous Post

High Court Grants Tuskys, Hotpoint 45 Days to Negotiate Out of Court

Next Post

Turnover at the NSE ups slightly to KSh 272 Million

Related Posts

Moodys

EADB Maintains Stable Outlook in New Moody’s Rating

October 3, 2023
Maiyan Luxury Resort, Nanyuki, Kenya

Maiyan Luxury Resort Joins Sarova Hotels Portfolio

October 3, 2023

Kenya’s Economy to Grow by 5.6% in 2023 – AfDB

October 2, 2023

Slow Implementation of Legal Instruments Weighs on Comesa Programmes

October 2, 2023

Kenyan firms with Dollar-Denominated Loans Worst hit as Shilling Weakens

October 2, 2023

KRA Unveils Online Auction, Tax Amnesty

October 2, 2023

Central Bank of Kenya Joins the African Payments and Settlement Network (PAPSS)

October 2, 2023

Inflation Rate Ups Slightly to 6.8% in September, Amidst Fuel Price Hikes

October 2, 2023
Load More
Next Post
NSE

Turnover at the NSE ups slightly to KSh 272 Million

Follow Us

  • 167.4k Followers
  • 4.1k Subscribers
  • 1.2k Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Featured

No Content Available

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • Advertise with Us

Copyright 2023. The Kenyan Wall Street LTD. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2023. The Kenyan Wall Street LTD. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In