Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

China's e-vehicle brand Neta enters Kenya's market

June 27, 2024


Abstract : Chinese automotive brand Neta announced its entry into the Kenyan market Wednesday, with Moja EV Kenya, a motor dealer, as its distributor.

NAIROBI, June 26 (Xinhua) -- Chinese automotive brand Neta announced its entry into the Kenyan market Wednesday, with Moja EV Kenya, a motor dealer, as its distributor.

Zhou Jiang, the overseas business general manager at Neta, told journalists in Nairobi, the Kenyan capital, that the firm will initially offer the Neta V model, which will retail for 4 million Kenyan shillings (about 31,000 U.S. dollars) and has a range of about 380 km on a full charge. "The electric vehicle is ideal for the Kenyan market because it offers affordability combined with low operational costs compared to conventional vehicles," Zhou said.

Neta chose to establish a presence in Kenya because it is a regional economic hub and will serve as a gateway for exporting e-vehicles to the rest of the African continent, Zhou added.

Wang Aiping, chief executive officer of Moja EV Kenya, said they will initially import about 160 vehicles from China over the next month and plan to partner with Kenya's Associated Vehicle Assemblers to assemble 250 e-vehicles every month. Wang also mentioned plans to begin exporting Chinese e-vehicles from Kenya to the rest of Africa by the end of the year.

He said that electric automobiles have advantages, relying on batteries for movement and lacking internal combustion engines, which reduces the need for regular mechanical maintenance.

Scan the QR code and push it to your mobile phone

Keyword: China-Kenya EV Neta

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial