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Finance bill threatens electric vehicle growth with proposed tax changes

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June 10, 2026
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#ktnnews #KTNNewsDigital #ktnkenya #KTNTV #KTNHome #KenyaNews 🔴 LIVE: KTN News Kenya | Breaking News & Entertainment Hub Follow the latest updates on the nationwide matatu strike in Kenya as operators protest rising fuel prices. Stay tuned for live coverage, traffic updat

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Finance Bill Threatens Kenya's Electric Vehicle Growth - June 2026

Simba Corp's electric vehicle (EV) assembly plant, AVA, is set to significantly boost its production capacity in Mombasa. Japanese technology firm NTT DATA is reportedly targeting significant growth in the East African fintech sector. The Kenyan government's proposed Finance Bill is sparking concerns that it could hinder the growth of electric vehicles (EVs).

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