Recently, the Kenya Investment Authority and Dongfeng Nissan Venucia officially signed the "Partnership Intention Agreement on Promoting the Sales of New Energy Vehicles in Kenya" in Beijing. After multiple parties made their statements, Mr. Zhang Maohua, the Assistant to the Head of Venucia, represented the Venucia brand, and Ms. June Chepkemei, Director of the Kenya Investment Authority (KENINVEST), successfully completed the signing of the agreement between the two parties.
The purpose of this agreement is to strengthen trade relations between China and Kenya in the field of new energy vehicles through mutual exchanges and cooperation. By collaborating, they aim to boost the sales of Dongfeng Nissan Venucia's new energy vehicles in Kenya, promote the high-quality development of Kenya's new energy automotive industry, and make further contributions to the deepening of the "Belt and Road" initiative.
At present, China has become Kenya's largest trading partner and primary source of imports. Kenya has also become an essential economic and trade partner for China in Africa and is a leading model country for China-Africa production capacity cooperation. It's also among the nations receiving the most investments from China. The Kenya Investment Authority and Dongfeng Nissan Venucia have chosen to cooperate in the field of new energy vehicles.
Data indicates that Kenya, being East Africa's largest automobile market, has an abundant supply of renewable energy sources like geothermal, wind, hydro, and solar power. This suggests enormous potential for the development of new energy vehicles in Kenya. Regarding this collaboration, Dongfeng Nissan Venucia stated that, with the support and assistance of the Kenyan government, Venucia is willing to combine its resources, technology, platforms, and brand advantages with Kenya's market demand and industry development, contributing further to the high-quality advancement of Kenya's new energy vehicle industry.
