Kenya Power Earns KSh382 Million as Electric Vehicle Charging Demand Rises

By Benadeta Mwaura - Reporter

Kenya, May 22, 2026 - Kenya Power has recorded KSh382 million in revenue from electric vehicle (EV) charging, highlighting the country’s growing shift toward e-mobility as fuel prices and transport costs continue rising.

The utility says electricity consumption linked to EV charging has increased significantly as more Kenyans adopt electric cars, buses and motorcycles, signalling a gradual transformation in the transport sector.

The latest figures come at a time when Kenya is positioning itself as one of Africa’s emerging e-mobility markets, supported by rising investment in charging infrastructure and growing interest from both private operators and public transport players.

The growth in EV charging demand is happening against the backdrop of global oil market instability and persistent fuel price pressure.

The ongoing Middle East crisis has pushed many countries to rethink energy dependence, with electric mobility increasingly viewed as both an environmental and economic alternative.

For Kenya, where transport costs heavily influence inflation and the cost of living, the shift toward electricity-powered mobility is becoming more attractive.

The surge in EV charging revenues suggests more motorists and fleet operators are now turning to electric transport as a way of cushioning themselves from volatile fuel prices.

Kenya’s electric mobility ecosystem has expanded rapidly over the past few years.

Companies operating electric buses, motorcycles and delivery fleets have increased their presence, particularly in Nairobi and other urban centres. Start-ups and investors are also accelerating the rollout of charging stations across highways, shopping malls and commercial buildings.

Motorcycles, which dominate Kenya’s transport economy, are emerging as one of the fastest-growing segments in the transition.

This is especially significant because boda bodas consume large volumes of petrol daily. Electrification therefore carries the potential to reduce fuel imports while lowering operating costs for riders.

For Kenya Power, the rise of EVs is opening a new commercial frontier.

The company has in recent years been seeking ways to increase electricity consumption amid concerns over unused power capacity and declining industrial demand in some sectors.

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Electric mobility now offers an opportunity to absorb excess electricity while creating a new long-term revenue stream.

Kenya generates a large share of its electricity from renewable sources including geothermal, hydro and wind energy, meaning the country is relatively well-positioned to support electric transport expansion compared to many African economies that still rely heavily on fossil fuels for power generation.

Despite the progress, challenges remain. Charging infrastructure is still limited outside major towns, and the high upfront cost of electric vehicles continues to slow mass adoption.

There are also concerns around policy consistency, financing access and whether the national grid can sustain rapid long-term expansion in electricity demand if EV uptake accelerates significantly.

However, industry players argue that the current momentum suggests the sector is moving beyond experimentation into commercial viability.

The EV growth trend also reflects broader global shifts in energy consumption.

As oil markets become increasingly vulnerable to geopolitical shocks, countries and consumers are searching for alternatives that offer more stability and predictability.

Kenya’s experience mirrors a wider international movement where electric mobility is no longer being driven solely by climate concerns, but also by economic survival and energy security.

The KSh382 million earned from EV charging may still represent a small fraction of Kenya Power’s overall revenues, but it signals something bigger:

Kenya’s transport sector is beginning to change.

And in a world where oil markets are becoming more volatile and politically unstable, that transition may accelerate faster than many expected.