Kiira Motors Seeks Shs500 Billion to Mass-Produce Electric Buses
Uganda’s Kiira Motors Corporation is seeking for Shs500 billion to commence operations and achieve its goal of mass-production of electric buses.
According to Minister for Science, Technology, and Innovation Monica Musenero, “We need money to finish manufacturing our stock, and when we have finished, we will be able to manufacture 200 buses at once.”
Once operational, the plant is expected to produce an impressive 200 buses simultaneously, doubling its initial production capacity from 2,500 to 5,000 buses annually.
Musenero emphasized the importance of mass production, noting, “Most companies that order buses, order in hundreds, hence if we have the money, we can have mass production.”
Uganda is poised to become a hub for e-mobility in the region, with the government investing over $100 million in establishing production facilities, product development, human capital development, and e-mobility infrastructure.
First Deputy Prime Minister Rebecca Kadaga noted, “With a projected population increase to 75 million by 2040, Uganda is in a prime position to intensify demand for sustainable transportation solutions.”
The National E-mobility Strategy aims to achieve sustainable development, create green jobs, and reduce pollution by transitioning to e-mobility in public transport by 2030.
Kadaga emphasized, “The transition will generate more than 500,000 green jobs, achieve a 65 percent local production rate in the e-vehicle value chain, and reduce pollution by 25 percent.”
Kiira Motors Executive Chairperson Prof Sandy Stevens Tickodri-Togboa highlighted the government’s commitment to e-mobility, saying, “Government is committed to positioning Uganda as a hub for e-mobility and has invested over $100 million in establishing production facilities, product development, human capital development, and e-mobility infrastructure.”
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