Kenya EV Residual Value Brief highlights the rapid growth of Kenya’s electric vehicle (EV) market, with registrations nearly doubling yearly to reach 5,294 units. The report emphasizes the critical role of residual value assessment in unlocking sustainable financing, insurance, and second-life battery opportunities. Drawing lessons from China and Germany’s circular battery economies, it outlines how Kenya can build investor confidence through a localized residual value calculator tailored to local conditions. This brief provides actionable insights for policymakers, financiers, and insurers seeking to enhance EV market maturity, strengthen battery value chains, and accelerate Kenya’s transition to a low-carbon economy.
