Local Investors Are Shying Away from Africa’s EV Revolution
A lack of local investment in African electric vehicle companies threatens the growth of the continent’s green transportation sector. It undermines efforts to introduce cleaner forms of mass transport that would reduce pollution in heavily congested cities.
Demand among individuals and companies for e-buses, electric two-wheelers and three-wheelers is surging across the continent, say industry insiders and analysts.
Photo courtesy of elizabeth lies.
Source: Semafor (link opens in a new window)
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