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Larus Electrical Vehicles Assembly Plant

Location

Copperbelt Province, Kitwe, Zambia

Sector

Mobility

Stage

Pre-Implementation
Overview

Larus Motors Zambia Ltd is an Electric Vehicle (EV) Manufacturing and Assembly Company based in Makeni, Lusaka, Zambia & We are committed to driving Africa’s green mobility revolution through localised manufacturing, innovation, and sustainable technology under (MADE IN ZAMBIA).

To establish Zambia as the EV Manufacturing Hub of Africa, fostering industrial growth,
clean energy adoption, and technological self-reliance through “Made in Zambia”
innovation.

Investment Needs

$49 860 000

Investment Project Type:

Private

Invested Value to Date:

$140 000

Climate Classification:

Mitigation

Why Investing

1
Strong Financial Returns
Larus Motors offers high growth potential as demand for electric vehicles rises across Zambia and the wider African market, creating attractive investment returns.
2
Government Support and Policy Backing
The project benefits from guaranteed government support, including incentives for local manufacturing, clean energy adoption, and industrial development.
3
Locally Available Raw Materials
Zambia’s abundant raw material supply supports cost-effective local manufacturing, reducing input costs and enhancing operational efficiency for EV production.
Daniel Mukala
Managing Director
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