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12 Sep 2024

It is important to note that an early transition to electric mobility is essential in view of the fact that the developed markets in the North including the US, European Union and China have begun to set targets to phase out ICE vehicles within the timeframe of 2030 to 2035. [...] The Centre for Science and Environment has therefore carried out a review of the emerging electric vehicle (EV) market in Africa, nature and the structure of the EV industry, policy and regulatory framework, industrial and trade policies around EVs, incentive programmes and funding strategies, and vehicle segments specific approaches. [...] 35 E-volution Why electric mobility is an opportunity in Africa? report.indd 35 12/09/24 3:22 PM E-VOLUTION: WHY ELECTRIC MOBILITY IS AN OPPORTUNITY IN AFRICA? In 2021, the South African government announced the Green Transport Strategy, to facilitate the local production of electric vehicles and the development of charging infrastructure. [...] Their 2021 draft (Auto Green Paper on the Advancement of New Energy Vehicles in South Africa: Road to Production of Electric Vehicles The Roadmap), for public consultation, has asked for tax reforms to support industrial policy and to stimulate domestic demand for vehicles by reducing the ad valorem duty and providing benefits to the employees of automotive companies. [...] The most relevant actions are increased levels of investment in the assembly and manufacture of EVs within the country; facilitating and developing a regional electric battery chain, from resource refinement, to production, manufacture and sale; introducing a temporary reduction on import duties for batteries in vehicles produced and sold domestically; securing duty free exports for EVs and EV com.

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104
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India

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