Kenya has taken a bold step towards sustainability as President William Ruto inaugurates a groundbreaking 50,000-capacity electric bike plant built by green mobility company Roam in Nairobi.
This momentous move solidifies the country’s commitment to reducing its carbon footprint and championing clean transportation in Africa.
During the commissioning event, President Ruto emphasized the significance of Roam’s facility, aligning perfectly with Kenya’s national goals to combat climate change and promote clean energy alternatives.
Beyond environmental benefits, the plant is set to create jobs and nurture local automotive expertise, boosting the economy and projecting revenues of Sh400 million.
Nairobi Governor, Sakaja Johnson praised the adoption of electric mobility as the way forward, highlighting how bike riders stand to gain substantial savings on fuel and maintenance costs.
With plans to establish charging stations across the city for bikes and buses, the transition to electric transportation promises a cleaner and more sustainable future for Kenyans.
Though Roam is a Swedish-owned company, it has dedicated its efforts to the Kenyan market, introducing a fleet of electric-powered buses last year.
The assembly plant has already produced 200 bikes before its official launch, each priced at Sh300,000 (about N1.7 million).
To further encourage electric bike adoption, President Ruto’s government has eliminated five taxable areas associated with electric bicycles and reduced the existing 16% VAT on electric bikes.
Critical components like batteries, charging equipment, and spare parts are also exempt from taxation.
Additionally, an exclusive lower electricity tariff for charging stations will make charging more affordable for electric bike owners.
President Ruto expressed confidence in the assembly plant’s potential to reduce the country’s reliance on imported motorcycle components.
With plans to assemble 14 parts locally by the end of 2023, Roam’s capacity is set to grow, making strides toward a sustainable and self-sufficient future.
