Kenya Vehicle Manufacturers to manufacture Roam’s electric buses for matatu industry

roam

Kenya Vehicle Manufacturers (KVM) has been awarded the contract to assemble Roam’s first fully electric shuttle bus. FILE PHOTO | POOL

Thika-based Kenya Vehicle Manufacturers (KVM) has been awarded the contract to assemble Roam’s first fully electric shuttle bus dubbed Roam Move as the transport firm seeks to benefit from tax incentives.

Those assembling electric vehicles in the country enjoy a raft of tax incentives including zero percent excise duty, 10 percent import duty and zero-rated value-added tax (VAT).

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Note: The results are not exact but very close to the actual.