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Kiira Motors needs Shs500b to start operations, says minister Musenero

Minister for Science Technology and Innovation Monica Musenero has said Kiira Motors needs up to Shs500b to start operations.

The money, Ms Musenero said, will help Kiira Motors wrap up construction of its plant in Jinja City to begin mass e-vehicle production.

“We need money to finish manufacturing our stock, and when we have finished, we will be able to manufacture 200 buses at a go,” she said, noting that in the body shop, there are many chambers - paint shops, which should be doubled and once doubled, Kiira will double the entire production capacity from 2,500 to 5,000 buses annually.

Ms Musenero, who was speaking during the Kiira Vehicle Plant Open Day and E-Mobility Expo in Jinja City, said that with money, the company would be able to make different classes of buses to meet client specifications.

“Most companies that order buses, order in hundreds, hence if I have the money, we can have mass production,” she said, indicating that Uganda needs to move faster to control greenhouse emissions, which are expected to increase as sub-Saharan Africa’s vehicle market size grows from 25 million to more than 58 million by 2040.

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