RIEM News LogoRIEM News

Kenya’s First Business Financing Program For Electric Motorcycles Kicks Off With 600+ Units - CleanTechnica

Kenya’s First Business Financing Program For Electric Motorcycles Kicks Off With 600+ Units - CleanTechnica
Source: cleantechnica
Author: @cleantechnica
Published: 7/14/2025

To read the full content, please visit the original article.

Read original article
Kenya’s electric mobility sector is rapidly expanding, with over 56 active players involved in various aspects such as importation, manufacturing, charging infrastructure, and financing. Motorcycles dominate Kenya’s vehicle fleet, comprising over 50%, and are the leading segment driving electric vehicle adoption. In 2024, electric motorcycles accounted for just over 7% of new motorcycle registrations, with 4,862 electric motorcycles registered out of 68,804 total new motorcycles. This growth is expected to accelerate in 2025 as companies scale up production and innovation. A key player in this market is Roam, which recently launched the second generation of its Roam Air electric motorcycle, incorporating over 40 improvements based on user feedback. Roam’s in-house design and manufacturing highlight a strong commitment to local innovation. To address financing barriers that limit electric motorcycle adoption, Roam partnered with Fortune Credit, a licensed digital credit provider, to launch Kenya’s first business financing program for electric motorcycles. The partnership starts with

Tags

energyelectric-motorcycleselectric-mobilityKenyaelectric-vehiclesclean-transportationEV-financing