Adil Popat's Simba Corp builds $7.7m Kenya EV assembly line
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2 Articles
Simba Corp to Invest Sh1 Billion in Electric Vehicle Assembly Line at Mombasa Plant
Simba Corporation’s vehicle assembly subsidiary, Associated Vehicle Assemblers (AVA), plans to invest Sh1 billion in a dedicated electric vehicle (EV) assembly line at its Mombasa plant as it seeks to capitalize on growing demand for locally assembled electric vehicles. The investment will support the installation of specialized EV assembly equipment, modifications to the factory layout, and the training and certification of technical personnel,…
Adil Popat's Simba Corp builds $7.7m Kenya EV assembly line
Adil Popat's Simba Corporation, one of Kenya's oldest and most diversified family-owned business groups, is investing Sh1 billion ($7.7 million) in a dedicated electric vehicle assembly line at its Mombasa plant through subsidiary Associated Vehicle Assemblers, positioning the 77-year-old conglomerate to capture growing demand for locally assembled electric vehicles as Kenya consolidates its ambition to become East Africa's electric mobility hub…
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