Kickstarting the Nascent Market for Electric Vehicles in Africa

Kickstarting the Nascent Market for Electric Vehicles in Africa

Production volumes remain small – electric two-wheelers are beginning to take-off in only a few parts of the continent, including Kigali and Nairobi. Electric buses are also being deployed in several cities, though a significant market for four-wheel cars is widely thought to remain several years away. Electric vehicles (EVs) are often promoted for their environmental benefits, given that they cut carbon emissions and other forms of air pollution from exhaust fumes. The financial gains for some types of road user can also be considerable in the right circumstances. And in a November 2022 report, the Energy for Growth Hub think-tank emphasised an often-overlooked benefit for Africa: the potential to create jobs through EV production.

AFRICAN BUSINESS

Source link : https://www.africa.com/kickstarting-the-nascent-market-for-electric-vehicles-in-africa/

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Publish date : 2024-07-13 10:35:56

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