spot_img

Roam Unveils E-bike Financing Scheme to Boost Clean Transport

Date:

NAIROBI,KenyaRoam  has taken a step toward cleaner transportation with the introduction of its first financing program for electric motorcycles.

The initiative, launched through a partnership between the electric mobility firm and microfinance provider Fortune Credit, aims to make electric motorcycles more accessible to both individuals and small businesses.

The program debuts with over 600 units of the Roam Air Gen 2, a locally assembled electric motorcycle designed for everyday use.

Riders can access the bike through a daily payment plan of Sh 527 over two years, after placing a deposit of Sh 25,000.

The cost covers not only the motorcycle but also insurance, basic health cover, and charging access.

Many riders and delivery companies have previously struggled to switch to electric vehicles due to the high upfront costs.

This initiative addresses that barrier, particularly for those in the informal sector who depend on motorcycles for their livelihoods.

“The partnership isn’t just about selling Roam Air, but it is about breaking systemic barriers,” said Habib Lukaya, Regional Sales Operations Manager at Roam.

“We’re enabling more riders and businesses to switch to electric, save money, and create jobs.”

Janet Kuteli, CEO of Fortune Credit, said the program is tailored to serve underserved riders.

“By offering affordable financing bundled with asset insurance, health insurance, and financial education, we’re not just enabling ownership, we’re building resilience.”

The project also receives support from the Green for Access Fund to reduce lending risks and expand access to clean technology solutions.

Phidel Kizito
Phidel Kizito
Phidel Kizito Odhiambo is a seasoned journalist and communications professional with over five years’ experience in storytelling across Kenya’s top newsrooms, including Capital FM, Standard Media, and Jedca Media. Skilled in digital journalism, strategic communications, and multimedia production, he excels at crafting impactful narratives on an array of beats, including business, tech, and sustainability.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Trending

More like this
Related

IG Kanja Orders Probe After CCTV Shows Police Assaulting Pool Players in Nandi Hills

NAIROBI, Kenya — The Inspector General of Police, Douglas...

Ruto Engages Experts on Bottom-Up Economic Agenda to Accelerate Vision 2030

NAIROBI, Kenya — President William Ruto has received a...

Uganda’s President Heads for Victory as Main Rival Cries Foul

KAMPALA, Uganda- Uganda's President Yoweri Museveni has taken a...

Trump Threatens Tariffs on Countries Opposing US Greenland Takeover

WASHINGTON — U.S. President Donald Trump has escalated tensions...