Kenya Electric Vehicle Charging Infrastructure Market (2024-2030) | Forecast, Revenue, Outlook, Companies, Industry, Trends, Share, Analysis, Size, Value & Growth

Topics Covered in the Kenya EV Charging Infrastructure Market Report

The Kenya Electric Vehicle Charging Infrastructure Market report thoroughly covers the market by type, by application and competitive Landscape. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Kenya EV Charging Infrastructure Market Synopsis

With the constantly advancing technology being used in our cars, it’s no surprise that electric vehicles (EVs) have become very popular. EVs are eco-friendly, cost-effective, and they’re getting better range and performance with each new generation. As countries such as China, Europe, and the United States invest large quantities of capital in electric car infrastructure to accommodate EVs, emerging markets like Kenya have also begun to explore and expand their EV charging infrastructure. Additionally, another major development that's expected to drive demand for EVs in Kenya is the Government’s commitment to environmental conservation. The government aims to cut greenhouse gas emissions by 30% by 2030, and replacing petrol and diesel vehicles with EVs will play a vital role in achieving this goal. The Government consequently introduced more friendly EV policies in 2021 that offer tax holidays on electric car imports and a removal of VAT, which is helping make EVs more affordable in the local market. However, despite all this, Kenya EV Charging infrastructure industry still faces a few challenges in its EV journey. For example, the country has limited charging infrastructure, which makes it difficult for EV owners to travel long distances. The few charging stations available are not evenly distributed, and they are usually in the main cities like Nairobi and Mombasa. As a result, lack of these charging stations in less urban areas may discourage potential EV buyers from making the switch.

According to 6Wresearch, Kenya EV Charging Infrastructure Market size is projected to grow at a CAGR of 28.9% during 2024-2030. The growth is driven by government initiatives and infrastructure development activities. As the awareness of the environmental benefits of EVs increases, so does demand for them. Consumers and corporations alike are showing rising interest in electric vehicles, presenting a major growth driver for the EV charging infrastructure market. EV manufacturers such as Nissan and Tesla have already started planning for market entry in Kenya. Further, while the market for EVs in Kenya is still at a nascent stage, infrastructure development is already underway. Several pilot projects have been completed, and more are currently in progress. The Nairobi Metropolitan Services (NMS) has plans to install EV charging stations in various districts within the city. Additionally, Mombasa has already established fast-charging stations for electric vehicles, marking a major milestone in the development of the EV charging infrastructure market. Moreover, the government has partnered with private sector players, such as Kenya Power and KenGen, to foster the growth of the EV charging infrastructure market. These partnerships help to bridge the gap between the public and private sector, creating a more conducive environment for investment and development.

Government Initiatives Introduced in the Kenya EV Charging Infrastructure Market

The Kenyan government has shown strong support towards the adoption of EVs, with a range of incentives and initiatives aimed at developing the electric vehicle market. One of these initiatives is the Green Transport Fund, which offers financial support to businesses and individuals looking to purchase EVs. Furthermore, these guiles have enhanced the overall Kenya EV Charging Infrastructure Market share Additionally, the government has introduced tax exemptions for EVs and EV charging systems, making it a more attractive market for investors.

Key Players in the Kenya EV Charging Infrastructure Market

The growth in the EV industry has presented opportunities for players in the charging infrastructure market, who are tapping into the market’s potential. Despite the challenges, key players such as Plug in East Africa, Esmart Africa, Voltic EV Solutions, and Kenya Power, are paving the way for a brighter future for sustainable transport in Kenya. Further, the leading companies’ catch widespread Africa EV Charging Infrastructure Market share. With more companies joining the market, it’s only a matter of time before Kenya’s electric vehicle infrastructure is fully developed, and the transition to electric mobility gains full momentum.

Market by Type

According to Ravi Bhandari, Research Head, 6Wresearch, the Kenyan government is taking active steps to develop the EV charging infrastructure market. While EVs can be charged from a regular socket, it is advised to charge them at specialized charging stations that have higher power output. Additionally, one of the most common types of chargers is the AC charger. AC (alternating current) chargers are more common than DC chargers as they are typically cheaper to install and can charge EVs at a slower rate. They can deliver power between 3.5kW and 22kW, depending on the model. AC chargers are mostly used for home charging, workplace charging, and destination charging. In Kenya, Ac charging stations are available in Nairobi and Mombasa. They are mostly free, and EV drivers can park and charge while carrying out their daily routines. Further, the DC (direct current) chargers, on the other hand, can charge electric vehicles at speeds of up to 400V. They are significantly more expensive than AC chargers due to the additional equipment required. DC chargers can deliver power up to 350kW, meaning vehicles can be charged in as little as 15 minutes. They are mostly found on motorways, highways, and petrol stations, and are suitable for long-distance journeys.

Market by Application

The residential EV charging infrastructures are found in residential areas, typically at homes used for charging EVs overnight. The government needs to develop an accessible and affordable residential EV charging infrastructure while empowering Kenyans looking to invest in electric vehicles. The Kenyan government has decided to partner and support the private sector and international development banks to create residential EV charging infrastructure. Further, the commercial EV charging infrastructures are designed to cater to EV users during their day-to-day travels, where customer service and experience are key considerations. Additionally, the commercial charging infrastructure fasteners enormous Kenya EV Charging Infrastructure revenues. The government partnered with different private and public firms to start EV charging station installation. 

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Kenya Electric Vehicle Charging Infrastructure Market Overview
• Kenya Electric Vehicle Charging Infrastructure Market Outlook
• Kenya Electric Vehicle Charging Infrastructure Market Forecast
• Historical Data of Kenya Electric Vehicle Charging Infrastructure Market Revenues and Volume for the Period 2020-2030
• Kenya Electric Vehicle Charging Infrastructure Market Size and Kenya Electric Vehicle Charging Infrastructure Market Forecast Revenues, Until 2030
• Historical Data of Kenya Electric Vehicle Charging Infrastructure Market Revenues and Volume, By Types, for the Period 2020-2030
• Market Size & Forecast of Kenya Electric Vehicle Charging Infrastructure Market Revenues and Volume, By Types, Until 2030
• Historical Data of Kenya Electric Vehicle Charging Infrastructure Market Revenues, By Applications, for the Period 2020-2030
• Market Size & Forecast of Kenya Electric Vehicle Charging Infrastructure Market Revenues, By Applications, Until 2030
• Market Drivers and Restraints
• Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Kenya Electric Vehicle Charging Infrastructure Market Trends
• Kenya Electric Vehicle Charging Infrastructure Market Overview on Competitive Benchmarking
• Kenya Electric Vehicle Charging Infrastructure Market Share, by Companies
• Kenya Electric Vehicle Charging Infrastructure Market Share, by Provinces
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Kenya Electric Vehicle Charging Infrastructure Market report provides a detailed analysis of the following market segments:

By Type

• AC Charger
• DC Charger

By Application

• Residential
• Commercial
• Others

Kenya Electric Vehicle Charging Infrastructure Market (2024-2030): FAQs