Nairobi, July 28 -- A new electric vehicle start-up has entered Kenya's fast-growing e-mobility market with a Sh1.8 million compact electric car targeting ride-hailing drivers.

Bingo EV Kenya, which is owned by US-based mobility technology company Bingo Technologies, plans to launch the four-seater Bingo E2 in September.

The first batch of 20 fully built units will arrive from China before the company shifts to local assembly next year to benefit from lower taxation.

"We target to sell at least 100 units by the end of the year as we plan local assembly from January at the Associated Vehicle Assemblers (AVA) plant in Mombasa," Bingo Technologies co-founder and Chief Operating Officer Christian Scheder-Bieschin told Business Daily.

The ...