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Matatu investors eye electric buses but are wary of unforeseen shocks

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 Public transport stakeholders board a BasiGo bus at Kencom, Nairobi, during a sensitization tour on January 19, 2023. [Samson Wire, Standard].

Investors in the matatu industry are warming up towards electric mobility.

The electric transport space has been opening up in the country in line with global efforts to cut carbon emissions.

Two Kenyan e-mobility companies - Basigo and Roam, have introduced electric vehicles (EVs) into the market and are keen to enter the public service vehicle (PSV) space.

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