{"id":25531,"date":"2025-09-03T23:24:23","date_gmt":"2025-09-03T19:24:23","guid":{"rendered":"https:\/\/gbc1.net\/?p=25531"},"modified":"2025-09-07T08:46:56","modified_gmt":"2025-09-07T04:46:56","slug":"kenyan-auto-industry-accelerates-with-new-assembly-lines","status":"publish","type":"post","link":"https:\/\/gbc1.net\/index.php\/2025\/09\/03\/kenyan-auto-industry-accelerates-with-new-assembly-lines\/","title":{"rendered":"Kenyan Auto Industry Accelerates with New Assembly Lines"},"content":{"rendered":"\n

As figures are compiled and become available, it is apparent that the auto industry in Kenya is accelerating with a 16.4% growth in 1H25 compared to the same semester in 2024. In absolute terms, Kenya produced 6,823 vehicles during the first half of 2025, compared to 5,778 in the same corresponding period in 2024.<\/p>\n\n\n\n

Following #TICAD9<\/a>, Kenya secured a USD 169 million in financing through the emission of #SamuraiBonds<\/a> on the Japan Stock Exchange. Thus, Kenya becomes the 2nd country in Africa to take advantage of the Japanese capital market for funding its development.<\/p>\n\n\n

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MojaEV Electric Vehicle Assembled Locally in Kenya<\/figcaption><\/figure><\/div>\n\n\n

At the policy level, the Government of Kenya has recently exempted tariffs on imported parts that goes into the assembly. The new policy appears to be bearing fruit as Japanese auto makers and their local partners are boosting their investment into the Kenya market.<\/p>\n\n\n\n

In particular, CFAO Motors will start producing the Toyota Fortuner in Kenya itself soon. In the first year, the target is to output 250 vehicles and the plant will sustain some 600 direct and indirect jobs. In addition, German car maker Volkswagen has already commenced the assembly of the Touareg and Tiguan model at the Kenya Vehicles Manufacturing (KVM) plant in Thika. <\/p>\n\n\n\n

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