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News21 May 2026 - 17:38

Kenya Power earns Sh382 million from e-mobility sector as EV adoption surges

Monthly revenue from EV charging surged significantly, rising from Sh873,907 in July 2023 to Sh35 million in Feb 2026

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by FELIX KIPKEMOI
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Kenya Power MD & CEO Joseph Siror with Energy, Transport and Climate Change, GIZ Kenya Programme Director Hanna Salian (holding the Kenya Power flag – left) and Electric Mobility Association of Kenya (EMAK) President Hezbon Mose with East Africa Electric Vehicle Expansion Lead Marumbo Sichinga at Kabisa, during the Nairobi-Mombasa-Nairobi & Nairobi-Kisumu-Eldoret-Nairobi EV parades flag off at Stima Plaza/KPLC

Kenya Power has reported a sharp rise in earnings from the e-mobility sector, announcing cumulative revenue of Sh382 million over 34 months as electric vehicle (EV) adoption in the country accelerates, with Nairobi leading in uptake.

The utility firm said electricity sales to EV charging infrastructure have increased by over 113-fold in less than three years, signalling a shift from pilot projects to mainstream adoption of electric mobility in Kenya.

According to the company’s E-Mobility Sales Growth Analysis Report (July 2023–April 2026), electricity consumption in the sector rose from 13,500 kWh in July 2023 to more than 1.5 million kWh in April 2026.

“This is clear evidence that EV adoption is no longer a pilot, but a mainstream reality,” said Kenya Power Managing Director and CEO Joseph Siror.

Monthly revenue from EV charging has also surged significantly, rising from Sh873,907 in July 2023 to a peak of Sh35 million in February 2026.

Siror noted that Nairobi remains the dominant hub for electric mobility activity, accounting for 71 per cent of total revenue, while other regions including the Coast, North Eastern and Western Kenya are gradually catching up.

“Our E-mobility sales growth analysis shows strong momentum, but it also tells us the opportunity is truly national. We must now focus on expanding beyond the capital,” he said.

The announcement comes ahead of the 4th Annual Kenya Power E-Mobility Stakeholders’ Conference and Expo, scheduled for June 4-5, 2026 in Nairobi, which is expected to bring together more than 1,000 industry players from across East Africa.

The conference will be held under the theme “Aligning Policy, Infrastructure Development and Partnerships to Scale E-mobility in Kenya” and will focus on policy direction, infrastructure expansion and innovation in the electric mobility ecosystem.

Kenya Power said the expo will also showcase emerging technologies and investments driving the growth of electric transport in the country.

The company further highlighted that Kenya reached a major milestone in November 2025, when monthly EV electricity consumption crossed the one million kWh mark for the first time, a level that has since been consistently maintained.

“We expect EV uptake in Kenya will scale significantly by 2030. Kenya Power will continue to leverage policy support and incentives such as zero-rating of VAT on EVs and lithium-ion batteries to drive adoption,” Siror said.

Data from the Electric Mobility Association of Kenya (EMAK) shows that over 35,000 EVs had been registered in Kenya by the end of 2025, up from just 796 units three years earlier, with two-wheelers dominating the market.

To promote awareness and test infrastructure readiness, Kenya Power, in partnership with GIZ Kenya, the Electric Mobility Association of Kenya (EMAK) and the Kühne Foundation, has flagged off EV road parades from Nairobi to Mombasa, and Nairobi to Kisumu and back.

The exercise will also include the launch of new charging stations at Kenya Power offices in Voi and Nyali, Mombasa, aimed at easing long-distance EV travel and addressing range anxiety.

Kenya Power also announced the rollout of electric bicycles for meter readers in Nakuru and Mombasa Island as part of its broader push to entrench sustainable transport within its operations.

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