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Bolt plans Sh100m investment in e-mobility in Kenya

Bolt

Bolt co-founder Martin Villig (third right) hosts Kenyan delegation in Tallinn, Estonia.

Photo credit: Pool

Taxi hailing company Bolt plans to deploy at least Sh100 million in the Kenyan market as it looks to embed electric mobility (e-mobility) solutions in its offering. Currently, the company has 40 electricity powered bicycles (e-bikes) being used for deliveries in Nairobi.

Bolt co-founder Martin Villig says that the plan by the Estonia-headquartered taxi hailing firm is to ensure that within the next 12 months Kenyans will have the option of hailing electric powered vehicles through the app as the firm looks to cut its carbon footprint and align with ongoing plans for an e-mobility framework in the country.