NCBA Bank has partnered with electric mobility company ePureMotion to make electric vehicles (EVs) more accessible in Kenya through tailored financing solutions designed to accelerate the country's transition to sustainable transport.

The partnership will provide financing for both private electric vehicle buyers and public transport operators, supporting wider adoption of electric mobility across the country.

Financing for Private Buyers and Public Transport Operators

Under the partnership, qualifying salaried customers purchasing ePureMotion passenger electric vehicles for private use will be eligible for up to 100% financing, with repayment periods of up to 72 months, subject to credit assessment and eligibility requirements.

The financing package also extends to Kenya's public transport sector. Individual members of Public Service Vehicle (PSV) SACCOs purchasing 16-seater electric matatus can access up to 80% financing with repayment terms of up to 48 months.

Existing PSV SACCOs and established PSV companies may qualify for up to 90% financing, repayable over 60 months, subject to approval.

Supporting Kenya's Shift to Sustainable Mobility

Commenting on the partnership, Lennox Mugambi, NCBA Group Director for Asset Finance and Business Solutions, said the initiative reflects the bank's commitment to delivering innovative financing solutions that support sustainable mobility while contributing to economic growth.

He noted that improving access to financing is key to enabling more individuals and businesses to invest in cleaner transportation technologies.

Dr Gilbert Saggia, Chief Executive Officer and Director of ePureMotion, said combining the company's electric mobility expertise with NCBA's financing capabilities will help make electric vehicles more affordable and accelerate Kenya's transition to cleaner and smarter transport solutions.

Advancing NCBA's Sustainable Finance Strategy

The collaboration forms part of NCBA's KES 2 billion e-mobility financing programme, which aims to support the wider adoption of electric vehicles while creating long-term value for customers, businesses, and communities.

The bank said the initiative reinforces its broader commitment to sustainable finance and supports Kenya's environmental and climate sustainability objectives.