
Vehicle sales across sub-Saharan Africa are expected to grow more slowly than previously projected, largely due to rising fuel prices linked to the conflict involving Iran. Despite the broader slowdown, electric vehicle purchases are forecast to stay resilient. A study by research firm BMI notes that Chinese-made EVs are now priced comparably to gasoline-powered alternatives in most African markets, making them increasingly attractive. Countries reliant on fuel imports, such as Kenya, have seen the strongest case for switching to EVs, particularly among high-mileage drivers and commercial fleet operators. Still, challenges remain: unreliable electricity access outside major cities, weak charging networks, and high financing costs could all limit how quickly EV adoption spreads across the continent. Despite these obstacles, investors are expanding charging networks, reflecting growing confidence in the continent’s long-term EV market potential.
Semafor
