CFAO Mobility Kenya, through its leasing and mobility arm Loxea, has entered into a landmark partnership with NCBA Bank to provide financing solutions for BYD electric vehicles, a first for the Kenyan market.
The announcement came during the launch of the BYD Shark 6, the country’s first plug-in hybrid double-cabin pickup, which combines rugged off-road performance with cutting-edge hybrid innovation, efficiency, and premium comfort.
Built on BYD’s advanced DMO (Dual-Motor Off-road) platform, the Shark 6 seamlessly merges the durability and power of a traditional pickup with the fuel savings and environmental benefits of next-generation hybrid technology.
Powered by a 1.5-litre petrol engine, the Shark offers up to 650km in range, an 8-year/200,000km battery warranty, and delivers significant fuel economy of just 2.0 litres per 100km when fully charged.
The model is designed to deliver both power and sustainability, offering supercar-like acceleration while slashing fuel consumption and emissions. It introduces SUV-level comfort into the pickup category, appealing to eco-conscious drivers while retaining petrol backup for long-distance flexibility.
More than just a workhorse, the Shark 6 is positioned as a forward-looking investment for customers eager to embrace the future of mobility.
Speaking at the unveiling, Loxea Managing Director Jennifer Kinyoe said: “The arrival of the Shark 6 marks a milestone in sustainable transport and reaffirms our role as pioneers in delivering innovative mobility. Partnering with NCBA allows us to make this vehicle more accessible, while positioning BYD by Loxea as the market leader. The first five buyers will enjoy a special introductory price of KSh 10.7 million. This launch is about shaping Kenya’s mobility future.”
The financing package will cover up to 90% of the vehicle’s value, repayable over a flexible five-year term. This tackles a critical obstacle for customers seeking easier access to financing for EVs and plug-in hybrids.
NCBA Group Director of Asset Finance & Business Solutions, Lennox Mugambi, remarked: “We are proud to be the first bank in Kenya to commit to financing electric vehicles. Our partnership with Loxea goes beyond car financing; it is about driving sustainable progress with the BYD Shark 6 as a flagship vehicle for individuals and enterprises alike.”
Globally, BYD has become a leader in the new energy sector, known for its unmatched expertise in battery technology and consistent dominance in the NEV market. Its strong presence in Europe, Brazil, and Thailand reflects its adaptability and forward-thinking strategy across industries including electronics, automotive, and rail transit.
With the launch of the Shark 6, CFAO Mobility Kenya and NCBA have not only reinforced their leadership in sustainable transport but also redefined what pickups can deliver to Kenyan customers, signalling a bold step toward a greener automotive future.