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Originally published by The Standard Business
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June 6, 2026
4h ago

How fuel crisis sparked Kenya's electric cars investment frenzy

How fuel crisis sparked Kenya's electric cars investment frenzy

Kenya Power has introduced a dedicated e-mobility tariff aimed at providing affordable charging rates for EV owners...

✨ Key Highlights

A global fuel crisis, triggered by escalating conflicts impacting oil supply routes, has spurred a significant investment surge in Kenya's electric vehicle sector.

  • Over the past three months, the electric vehicles sector has attracted approximately Sh22.9 billion in investment.
  • This has transformed Kenya into a major hub for e-mobility in Africa.
  • The disruption to Strait of Hormuz supply routes starting February 28 is cited as a key catalyst for this investment frenzy.

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