EV firm opens city showroom

Business
By Sofia Ali | Jun 28, 2024
MojaEV Kenya Marketing Executive Annette Githinji demonstrates how to charge the firm's Neta V electric vehicle on May 31. [Robert Tomno, Standard]

Electric mobility firm MojaEV Kenya, the exclusive distributor of Neta Electric Vehicles in Africa, has opened a flagship showroom in Nairobi.

Against the backdrop of global discussions on climate change and carbon emissions, the launch underscores Kenya's pivotal role in adopting environmentally friendly transport solutions.

Neta Electric Vehicles executive vice president Wilson Sun emphasised the urgency of addressing carbon emissions, highlighting Kenya's strategic position as the East African Community's economic powerhouse and a key player in sub-Saharan Africa.

Kenya is making strides in cutting emissions, with a draft e-mobility policy under development as of April 2024.

The policy aims to address critical challenges such as sustainable supply chains, secure data management, efficient charging infrastructure, and the promotion of local manufacturing and assembly of electric vehicles.

MojaEV Kenya Chief Executive Wang Aiping expressed enthusiasm about collaborating with stakeholders in Kenya's burgeoning e-mobility sector, including the Association of Vehicle Assemblers (AVA).

AVA Business Development Manager Joy Wanyonyi echoed these sentiments, noting the registration of over 13 electric vehicle companies at local assemblers. She stressed the need for swift policy formulation to support the sector's growth.

The Ministry of Roads and Transport highlighted Kenya's commitment to reducing greenhouse gas emissions, a significant portion of which originates from the transport sector's heavy reliance on fossil fuels.

As the sector continues to grow alongside population and industrialisation trends, transformative measures such as electrification become paramount in achieving climate goals outlined in the Paris Agreement, which Kenya ratified in 2015.

Currently, Kenya boasts a robust installed electricity capacity, with a notable surplus that could support increased demand from electric vehicles. Mr Wang reaffirmed NETA's global commitment to sustainable mobility solutions, stressing the company's dedication to advancing technological frontiers and expanding its footprint across Africa.

Electric vehicles, the firm said, will retail at between Sh4 and Sh4.5 million, aiming to make electric vehicles more accessible to more Kenyans.

Share this story
Eveready enters EV space with new financing product
Eveready East Africa is transforming its business model from a traditional battery manufacturer to a key player in the green energy space with a new funding product for electric vehicles.
Listed agricultural firm inks deal to expand exports to UAE
Africa Mega Agricultural Corp, has finalised an agreement at Gulfood Dubai to onboard more than 1,500 international buyers onto its digital commodities exchange platform.
Top court deals blow to Kiambu tycoon in Sh3b property dispute
Court of Appeal Judges ruled that Nairobi businessman David Kimani had proved that he purchased the property from Zena Grace Linsle and paid the agreed Sh20 million.
Global leaders advance supply chain efficiency through digital transformation
Global leaders focus on strengthening trade corridors, improving supply chain efficiency, accelerating digital transformation, and building resilient, future-ready logistics ecosystems.
Capital markets boon: Did global AI, tech hype turbocharge NSE?
Kenya’s capital markets are surging on renewed confidence and favorable timing, with global tech optimism a possible boost.
.
RECOMMENDED NEWS