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Court petitions to liquidate defaulting firms double as economy worsens

Electric vehicle taxi company NopeaRide to exit Kenya

Electric vehicle taxi company NopeaRide to exit Kenya
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NopeaRide, Kenya s first EV taxi service, shuts down

The startup grew from three vehicles to 70 by the time of closure, and had built a charging network across Nairobi.

Company Shuts Down Kenyan Offices 1 Year After Raising Ksh 25 4M

However, the taxi-hailing app was not part of the four companies that had been approved by the government agency.

NopeaRide shuts taxi service in Kenya as parent firm declares insolvency

Electric vehicle (EV) taxi brand NopeaRide is permanently exiting the Kenyan market after its majority shareholder and financier EkoRent Oy declared insolvency in Finland.

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