Sharp Daily
No Result
View All Result
Wednesday, April 22, 2026
  • 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

Budget cuts weaken Kenya’s fight against money laundering

January 19, 2026
Supporters of Uganda’s incumbent president and National Resistance Movement (NRM) presidential candidate Yoweri Museveni celebrate during a party gathering for the announcement of final results for the 2026 Ugandan presidential election at Lugogo Grounds in Kampala on January 17, 2026. Uganda's President Yoweri Museveni, 81, won a seventh term in office on on January 17, 2026 with 71.65 percent of the vote, the country's Electoral Commission said. (Photo by Luis TATO / AFP)

Museveni wins seventh Term: what It means for Uganda’s future

January 19, 2026

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

Economic inequality and wealth distribution in Kenya

April 22, 2026
News

Sustainable investing and ESG trends

April 22, 2026
News

Planning for early retirement

April 22, 2026
Analysis

Multinationals repatriate Sh42.2 billion as dividend growth highlights strength of Kenyan subsidiaries

April 22, 2026
Analysis

Multinational firms drive massive kSh42 billion dividend distribution on NSE

April 22, 2026
News

The role of savings and investment in economic development

April 22, 2026

LATEST STORIES

Economic inequality and wealth distribution in Kenya

April 22, 2026

Kenya’s new loan rules require borrowers to prove repayment ability before approval

April 22, 2026

Sustainable investing and ESG trends

April 22, 2026

Planning for early retirement

April 22, 2026

Multinationals repatriate Sh42.2 billion as dividend growth highlights strength of Kenyan subsidiaries

April 22, 2026

Multinational firms drive massive kSh42 billion dividend distribution on NSE

April 22, 2026

The role of savings and investment in economic development

April 22, 2026

The gap between income and wealth in Kenya

April 21, 2026
  • 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