Browsing: Afrigreen Automobile

• Chinese firm Chery invests $20 million in Kenya to tap the growing demand for electric mobility 
• He added that a $20-million investment is expected to create about 3,000 direct and indirect jobs in the country.
• Shan also revealed that Chery’s entry into the Kenyan market is a result of the cordial and long-standing relations between the two countries.

Chinese vehicle firm Chery will invest $20.1 million (Sh2.62 billion) in Kenya to scale up the production of Electric Vehicles (EVs).

The deal, signed on Saturday, was in partnership with Kenyan firm Afrigreen Automobile, that will see the construction of an assembly plant to produce electric vehicles locally.

Ministry of Investments, Trade and Industry, Principal Secretary Abubakar Hassan Abubakar said the cooperation is expected to boost the uptake of EVs in the country by making them more affordable and accessible.

“The assembly plant will help the transport sector to become