Kenya Power set to invest Ksh 258 million in the growing E-mobility industry

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PHOTO: During the launch of Electric vehicle (EV) Charging station at Stima Plaza, Nairobi.

NAIROBI, Kenya, Apr 22...The investment is set for the next three years to drive the uptake of electric vehicles in the country ,it also includes cost of setting up charging stations of various locations across the country and the purchase of electric vehicles and motorbikes to aid company operations.

In addition the company has launched an electric vehicle (EV) charging station located at stima plaza which has been set up at a cost of kshs 6.5 million, the charging station comprises two charges a 50 kW ( 1 hour charging time) and a 22 kW AC ( 2 hour charging time) charger it is the second EV charging station owned by Kenya power after Ruaraka depot which hosts the company's transport section.


"Alongside our need to charge our electric vehicles we intend to use our EV charging stations to collect data that will inform the next steps of our support to the growing E-mobility industry" said Kenya power managing director and CEO Joseph siror.

By end of July 2024 Kenya power set to install nine other charging stations at various company offices across the country including Donholm, Roysambu,Nakuru,Mombasa,Mtito Andei,Kisumu,Eldoret ,Electricity house Nairobi and Ragati.

"We have set aside an annual budget of Kshs 20 million to set up EV charging stations at all our offices across the country, beyond the additional charging stations that we intend to put up in the current financial year we intend to install 10 additional facilities annually in 2025 and 2026" added Dr. Siror.

The company has also launched two electric heavy duty vehicles that will be deployed for routine operations the vehicles were purchased at a cost of Kshs 18 million as it intends to scale the number of electric vehicles in its fleet through the purchase of an additional 9 electric vehicles ( heavy and light duty) and 25 electric motorcycles by end of December 2024.

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