Sharp Daily
No Result
View All Result
Saturday, December 27, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Roam’s New Electric Bike Assembly Plant in Kenya Marks a Green Revolution in the Mobility Sector

Duncan Muema by Duncan Muema
July 26, 2023
in News
Reading Time: 2 mins read
Courtesy of electrek.co

Courtesy of electrek.co

Roam, a leading electric mobility solutions provider, has launched Roam Park, a cutting-edge electric bike assembly plant in Kenya with a capacity to produce 50,000 electric motorcycles. During the launch event attended by President William Ruto, the company indicated that about 200 motorcycles had already been assembled. To affirm the government’s commitment to the green mobility sector, the President announced that the 16 percent VAT on electric motorcycles would be reduced and added that the government had cut five key taxable areas connected to the e-bikes. Furthermore, batteries, spare parts and charging equipment would be VAT exempt, while the charging stations would enjoy a lower electricity tariff.

Read more: The Current State of Electric Cars Uptake in Kenya

The establishment of the assembly plant signifies a milestone achievement for Roam as it further strengthens its commitment to environmental sustainability. The new plant is set to revolutionize the mobility sector by offering eco-friendly, cost-effective, and efficient transportation solutions while also fostering local economic growth. The move aims to reduce carbon emissions, thereby contributing to Kenya’s efforts in combating climate change and creating a greener future.

One of the key advantages of this initiative is the potential to boost the local economy. The plant’s operation will generate employment opportunities, particularly in the manufacturing and distribution sectors, thereby empowering communities and promoting skills development. With the President urging the company to have at least 14 parts made locally, Roam’s investment in the assembly plant is expected to stimulate the growth of local businesses that provide raw materials and services, fostering a robust supply chain ecosystem in the region.

RELATEDPOSTS

Tanzania’s independence day 2025: a nation mourns as celebrations give way to crisis

December 9, 2025

Kenya’s middle-income jobs grow: 1.5 million now earn above Sh50,000 monthly

December 5, 2025

Read more: KCB Partners with UNITAR to Finance Electric Motorcycles, Driving Sustainability and Economic Growth

The move also aligns with Kenya’s long-term vision of becoming a sustainable transport hub in Africa, especially with the government’s plan to electrify bodabodas. As the demand for electric vehicles (EVs) continues to rise worldwide, Roam’s decision to set up a local assembly plant highlights Kenya’s potential as a manufacturing and distribution centre for electric bikes and other EV components. This presents an excellent opportunity for Kenya to position itself as a regional leader in the green mobility revolution, attracting further investments and technological advancements.

Roam’s new electric bike assembly plant in Kenya represents a significant step towards fostering a more sustainable mobility network. By producing eco-friendly electric bikes locally, Roam not only contributes to reducing carbon emissions but also uplifts the local economy and cements Kenya’s position in the emerging green mobility market.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Retail Investors Capitalize on Safaricom’s Falling Share Price and Foreign Investors’ Selling Spree

Next Post

Introduction of Central Bank Amendment Bill that Proposes Shariah Advisory Council in Central Bank

Duncan Muema

Duncan Muema

Related Posts

News

As mobile money grows, so does the question of protection.

December 24, 2025
News

The Economics of Sports, Events, and Entertainment as a New Growth Sector in Kenya

December 24, 2025
News

How Remittances Are Shaping Kenya’s Domestic Investment Landscape

December 24, 2025
News

Why Cold Storage and Logistics Are the Missing Link in Kenya’s Agribusiness Growth

December 24, 2025
News

How Domestic Tourism Is Emerging as a Resilient Investment Sector in Kenya

December 24, 2025
News

Is Mobile Money Making Kenyans Better Savers or Better Spenders?

December 24, 2025

LATEST STORIES

As mobile money grows, so does the question of protection.

December 24, 2025

The Economics of Sports, Events, and Entertainment as a New Growth Sector in Kenya

December 24, 2025

How Remittances Are Shaping Kenya’s Domestic Investment Landscape

December 24, 2025

Why Cold Storage and Logistics Are the Missing Link in Kenya’s Agribusiness Growth

December 24, 2025

How Domestic Tourism Is Emerging as a Resilient Investment Sector in Kenya

December 24, 2025

Is Mobile Money Making Kenyans Better Savers or Better Spenders?

December 24, 2025

Overview of the National Social Security Fund (NSSF) Act, 2013

December 24, 2025

Family demands probe into death of former likuyani MP Dr. Enoch Kibunguchy

December 24, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024