KVM starts local assembly of Toyota Hiace in Thika
The new production line is part of a wider modernization and expansion programme backed by a Sh2.3 billion investment from CFAO Mobility Kenya, aimed at increasing local vehicle production capacity and supporting industrial growth. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kenya Vehicle Manufacturers (KVM) has launched a new Toyota Hiace assembly line at its Thika plant, a move supported by a significant investment to boost local automotive production.
- A Sh2.3 billion investment from CFAO Mobility Kenya is backing the expansion.
- Key organizations involved include Kenya Vehicle Manufacturers (KVM) and CFAO Mobility Kenya.
- This initiative aims to enhance technology transfer, create jobs, and develop local skills, supporting Kenya's industrial growth agenda.
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Kibo Africa Targets 10,000 Electric Motorcycles in Kenya Within a Year - June 2026
Kibo Africa, an electric mobility company, plans to deploy 10,000 electric motorcycles in Kenya within the next 12 months to expand its presence in the country's boda boda sector. Simultaneously, Kenya Power is actively identifying and migrating all Electric Vehicle charging customers to its specialized e-mobility tariff to improve revenue tracking and sector planning, as e-mobility tariff revenues surge. At the same time, Kenya Vehicle Manufacturers has launched a new Toyota Hiace assembly line at its Thika plant, supported by significant investment to boost local automotive production.
