Electric vehicles could soon be cheaper than petrol cars in Africa – if financing barriers fall

Electric vehicles could soon be cheaper than petrol cars in Africa – if financing barriers fall

Africa doesn’t need a technological breakthrough to scale EV adoption. It needs cheaper capital and supportive policy environments.

The cost of electric vehicles (EVs) has long looked like a barrier to adoption in Africa. Most researchers didn’t expect battery power to become affordable enough to replace petrol or diesel on the c… [+7594 chars]
Electric vehicles could soon be cheaper than petrol cars in Africa – if financing barriers fall - FHMnews