Source link : https://tech365.info/roam-launches-kenyas-first-journey-in-journey-out-service-heart-to-serve-3500-electrical-bikes-month-to-month-cleantechnica/
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There was a startling decline within the gross sales of latest bikes in Kenya, from a peak of 285,203 bikes bought in 2021 to only 68,804 in 2024. On the time, these had been principally ICE bikes. This enormous drop in gross sales has been attributed to decrease client buying energy, which has diminished the day by day utilization of boda bodas in Kenya, and consequently additionally diminished the day by day unit profitability for bike taxis as a result of increased gas prices in latest occasions. Different components embrace increased financing prices on prime of elevated sticker costs for some fashions on the time, as a result of exterior shocks resembling forex devaluation.
In a latest replace, one of many main gamers in Kenya’s bike sector, Automotive & Common stated bike gross sales in Kenya have grown to a median of seven,000 bikes per 30 days in 2025, from a median of 4,600 items per 30 days in 2024. So the market is now beginning to bounce again as gas costs have fallen and stabilized a bit since then. The Kenya Shilling has additionally strengthened to “normal levels” of round 129 to the greenback from 157 in December 2023. One other issue driving growing bike gross sales in Kenya is the surge in adoption of electrical bikes as a number of gamers on this area resembling Arc Journey, Roam, Ampersand, and Spiro ramp up deliveries of their electrical bikes. Some reviews recommend that…
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Author : tech365
Publish date : 2025-11-05 23:11:00
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