Roam, County Bus Service partner to deploy 200 electric buses

Business
By James Wanzala | Apr 28, 2024
Roam electric bus. [Courtesy]

The transition to electric mobility has received a significant boost with electric mobility firm Roam partnering with County Bus Service (CBS), a public transport operator, to introduce 10 electric buses by the end of 2024.

This initiative comes as part of their broader goal to have 200 electric buses operational across Kenya by the end of 2026.

This collaboration marks a pivotal moment in revolutionising the commuter experience within Kenya's public transportation network. CBS has already integrated Roam buses into its fleet over the past four months, gaining valuable operational insights.

To support this endeavour, Roam, founded in 2017 and the first company to deliver locally produced electric motorcycles and buses, will establish charging depots to meet the charging requirements.

The Roam electric buses are known for their affordability, reducing operational costs by more than 50 per cent, while also offering comfort and convenience.

Manufactured in Kenya, these buses benefit from a localised manufacturing approach, enabling rapid improvements and innovation. Additionally, Roam has partnered with financiers to offer an asset finance facility, enabling CBS to assume ownership of the vehicles.

This financing model not only ensures immediate profitability for CBS but also boasts the lowest total cost of ownership compared to alternative business models available in the market.

"We are thrilled to collaborate with CBS in deploying Roam electric buses and charging infrastructure. This partnership not only expands access to electric buses but also underscores our commitment to promoting sustainable transport solutions in everyday life," said Felix Eningsjo, Regional Sales Executive at Roam.

Jessee Wanyeki, chairman at CBS, expressed pride in being the inaugural local transport company to embark on this transformative project. He emphasised the importance of offering clean, efficient, and affordable transportation solutions. Wanyeki highlighted the symbiotic nature of the relationship, which is poised to deliver exceptional value to both parties, ensuring customer satisfaction.

"Maintaining consistent fare prices will now be achievable for transport operators, empowering passengers to anticipate fares reliably, unlike previous scenarios influenced by fluctuations in fuel prices," Wanyeki added.

Share this story
Why World Bank has banned PwC Kenya for 21 months
The World Bank has barred PricewaterhouseCoopers (PwC) Kenya from its projects for 21 months after the firm admitted to rigging a consultancy contract.
Kenya and Ireland to boost trade, investment
Kenya and Ireland have launched new talks to boost trade and investment despite an existing trade imbalance favouring Ireland.
StanChart rewards shareholders with Sh11.7B dividend despite profit slump
Standard Chartered Bank Kenya is maintaining a high dividend payout despite a sharp profit drop caused by a one-off pension charge.
Co-op Bank secures Sh233M boost for Kenya's digital enterprises
Co-operative Bank of Kenya has partnered with United Nations Capital Development Fund to unlock Sh233.1 million in financing for youth-led digital businesses across Kenya.
While local businesses struggle, foreigners are finding fortune
Foreign investors are thriving in Kenya’s business landscape while many local enterprises struggle under a worsening operating environment.
.
RECOMMENDED NEWS