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Eveready enters EV space with new financing product

Eveready East Africa plant in Nakuru. [File, Standard]

Eveready East Africa is transforming its business model from a traditional battery manufacturer to a key player in the green energy space with a new funding product for electric vehicles (EVs).

Through a partnership with EV Jumla, the transformation is in addition to other major moves as the firm integrates a clean energy platform that delivers solar power, energy storage, clean cooking solutions, and carbon market initiatives into its business model.

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