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The Kenyan government is poised to introduce new taxes on certain electric vehicles and their batteries, a move that experts caution could impede the growth of the country's emerging e-mobility sector. The proposed finance bill includes provisions for value-added tax (VAT) on electric bikes and buses, as well as solar…
Kenya’s push to introduce new taxes on electric bikes and buses and their batteries could stifle growth in the country’s fledgling e-mobility sector, experts warn.
Spiro has put thousands of e-bikes on the road, but experts believe the company is incurring huge costs that’ll make its business unsustainable in the long term.
As motorcycle taxis boom in Africa due to affordable electrification, experts advocate for incentives to accelerate the process.
Until recently high upfront costs hindered the full adoption of electric buses in most emerging markets. However, with the unique Pay-As-You-Drive model, investors can make bus purchases at prices equal to standard, diesel-powered buses.