CleanTechnica•3 days ago
South Africa’s Used EV Market Accelerates — Volvo EX30 & XC40 Most Popular
Key Takeaway
The accelerating used EV market in South Africa signals growing electricity demand from transportation, requiring grid infrastructure planning and offering new load opportunities for developers and large consumers.
AI Summary
- •South Africa's EV market is nascent, with only approximately 4,000 fully electric vehicles currently on the road.
- •High initial costs of new BEVs have historically limited adoption, but the accelerating used EV market indicates increasing affordability and broader consumer interest.
- •This growth signals a future increase in electricity demand from the transportation sector, impacting grid planning and potential for new charging infrastructure development.
- •The trend presents opportunities for developers to invest in charging solutions and for large power consumers to consider fleet electrification and associated energy management strategies.
Topics
oempolicytransmissionemissions
Article Content
South Africa’s EV market is still quite small compared to similar markets. There are still just over 4,000 fully electric vehicles on the roads in South Africa. That’s because most of the BEVs that were available on the South African market were on the higher side of things in terms ... [continued] The post South Africa’s Used EV Market Accelerates — Volvo EX30 & XC40 Most Popular appeared first on CleanTechnica .