Kenya Power Earns $2.94M In Revenue In 34 Months

Kenya Power has announced record growth in income from the e-mobility sector, with electricity sales surging by more than 113 percent in three years and cumulatively earning approximately $2.94 million (KSh382 million) in revenue.

Monthly revenue from EV charging rose from approximately $6,729 (KSh873,907) in July 2023 to a peak of approximately $269,500 (KSh35 million) in February 2026, highlighting the rapid adoption of electric vehicles across the country.

The Nairobi region is leading EV uptake, accounting for 71 percent of cumulative revenue, while regions including Coast, North Eastern and Western Kenya have also recorded steady growth in adoption.

“Our E-mobility Sales Growth Analysis Report (July 2023-April 2026) shows that electricity sales to the e-mobility sector have grown 113-fold in just under three years, from 13,500 kWh (units) in July 2023 to over 1.5 million kWh in April 2026. This is clear evidence that EVs adoption is no longer a pilot, but a mainstream reality,” said Joseph Siror.

He added, “This growth tells us the opportunity is truly national, and our focus must be on diversifying beyond the capital. This is why we are launching the EV parades today and having the E-mobility Conference and Expo in June.”

More than 1,000 stakeholders from East Africa’s rapidly growing electric mobility sector are expected to gather in Nairobi from June 4–5, 2026 for the 4th Annual Kenya Power E-mobility Stakeholders’ Conference and Expo.

The event will focus on advancing discussions around electric mobility policy and supporting infrastructure under the theme Aligning Policy, Infrastructure Development and Partnerships to Scale E-mobility in Kenya. It will also showcase innovations and developments supporting electric mobility adoption in the country.

Kenya Power achieved another milestone in November 2025 after surpassing one million kWh sold to the e-mobility sector within a single month, with sales consistently remaining above that threshold since then.

According to data from the Electric Mobility Association of Kenya, Kenya had registered more than 35,000 EVs by the end of 2025, the majority being two-wheelers, compared to just 796 EVs registered three years earlier.

“We expect that EV uptake in Kenya will scale significantly by 2030 when we envision attaining universal access to electricity. Kenya Power will continue to ride on the goodwill of sustained policy support and enabling tax incentives, such as zero-rating of VAT on EVs and lithium-ion batteries, as well as the reduction of excise duty on electric bicycles, electric motorcycles and lithium-ion batteries to drive the uptake of electric mobility,” said Dr. Siror.

To boost awareness of EV adoption, Kenya Power, GIZ Kenya, EMAK and the Kühne Foundation have flagged off EV parades from Nairobi to Mombasa and Nairobi to Kisumu and back as part of this year’s conference activities.

The parades, taking place this week, are also intended to assess the readiness of charging infrastructure along the routes and help address range anxiety among EV users. Kenya Power will additionally launch new charging stations in Voi and Nyali, Mombasa, and introduce e-bikes for meter readers in Nakuru and Mombasa Island to promote sustainable transport solutions.