{"id":23475,"date":"2021-03-02T21:26:58","date_gmt":"2021-03-02T21:26:58","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=23475"},"modified":"2021-03-02T21:26:58","modified_gmt":"2021-03-02T21:26:58","slug":"kenya-power-bets-on-electric-cars-to-boost-fortunes","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-power-bets-on-electric-cars-to-boost-fortunes","title":{"rendered":"Kenya Power bets on electric cars to boost fortunes"},"content":{"rendered":"

AfricaPress-Kenya:<\/strong>\u00a0 Kenya Power has trained its eyes on transport angling for a pie of the growing electronic cars industry.<\/p>\n

In the last few years, the phenomenon of electric motorisation or e-mobility has grown exponentially, electronic vehicles are estimated at over 7.2 million and electric motorcycles at over 65,000 globally.<\/p>\n

The growth is primarily being driven by the adoption of progressive green energy policies by global leaders, as the world rallies to save the planet from further environmental degradation due to human activity.<\/p>\n

On Tuesday, Kenya Power exuded confidence in the new development and banks on partnerships to power the new machines and offer Kenya the opportunity to drive clean cars.<\/p>\n

\u201cWe are committed to providing clean, reliable and quality electricity to our customers as we embrace the opportunities presented by electric motorization,\u201d said Bernard Ngugi, Chief Executive Officer Kenya Power.<\/p>\n

\u201cWe have partnered with the United Nations Environment Programme (UNEP) to lead the implementation of the Electric Mobility Programme in Kenya. I am glad that today we are on course in the journey of actualising the program. This initiative is well-aligned to our business of creating demand and sale of electricity,\u201d he said<\/p>\n

The programme, currently in the pilot phase, will spearhead the adoption of zero emissions\u2019 electric motorbikes which will be attached to Kenya Power\u2019s meter reading and revenue collection teams in Kiambu, Githunguri, Limuru, Naivasha and Ruai.<\/p>\n

Kenya Power which currently has 8 million customers across the country is also relying on the ministry of Housing and Urban Development which has made provisions for external charging ports to be incorporated into the building standards to support e-mobility charging at residential premises.<\/p>\n

Last week the company said its profit after tax for the first six months trading period ended December 31, 2020 fell by 80 per cent, hurt by the coronavirus pandemic.
\nThe power distributor said its net profit fell to Sh138 million for six months from Sh692 million in the same period of 2019.
\nIt blamed the loss on the effects of Covid-19 restrictions last year that depressed its sales.
\nRevenue from contracted customers fell marginally to Sh69 billion last year from Sh69.6 billion in the same period of the previous year.
\nThe firm said the measures put in place by the government to contain the spread of the coronavirus suppressed demand for electricity and revenue collection.<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Kenya:\u00a0 Kenya Power has trained its eyes on transport angling for a pie of the growing electronic cars industry. In the last few years, the phenomenon of electric motorisation or e-mobility has grown exponentially, electronic vehicles are estimated at over 7.2 million and electric motorcycles at over 65,000 globally. The growth is primarily being driven […]<\/p>\n","protected":false},"author":84,"featured_media":23461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[3864,2420],"class_list":["post-23475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-green-energy","tag-kenya-power"],"yoast_head":"\nKenya Power bets on electric cars to boost fortunes - kenya<\/title>\n<meta name=\"description\" content=\"Kenya Power has trained its eyes on transport angling for a pie of the growing electronic cars industry.In the last few years, the phenomenon\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-power-bets-on-electric-cars-to-boost-fortunes\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kenya Power bets on electric cars to boost fortunes\" \/>\n<meta property=\"og:description\" content=\"Kenya Power has trained its eyes on transport angling for a pie of the growing electronic cars industry.In the last few years, the phenomenon\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-power-bets-on-electric-cars-to-boost-fortunes\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-02T21:26:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/03\/kenya_power_eyes_ele603e2a9f9cd44.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1131\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-power-bets-on-electric-cars-to-boost-fortunes#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-power-bets-on-electric-cars-to-boost-fortunes\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Kenya Power bets on electric cars to boost fortunes\",\"datePublished\":\"2021-03-02T21:26:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-power-bets-on-electric-cars-to-boost-fortunes\"},\"wordCount\":392,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-power-bets-on-electric-cars-to-boost-fortunes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/03\/kenya_power_eyes_ele603e2a9f9cd44.jpg\",\"keywords\":[\"Green energy\",\"Kenya Power\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-power-bets-on-electric-cars-to-boost-fortunes#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-power-bets-on-electric-cars-to-boost-fortunes\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-power-bets-on-electric-cars-to-boost-fortunes\",\"name\":\"Kenya Power bets on electric cars to boost fortunes - 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