CleanTechnica•5 months ago
A New Wave Of Disruption Could Be Coming To Africa’s Used Car Ecosystem Courtesy Of More Affordable Brand New Cars From China
- •Africa's vehicle market, currently low in new car sales, is poised for significant disruption by affordable new Chinese vehicles, potentially increasing overall vehicle penetration.
- •This trend suggests a future increase in electricity demand for transportation, particularly if these new vehicles are electric or more efficient hybrids, requiring substantial charging infrastructure development.
- •For power developers and large consumers, this presents opportunities in building out EV charging networks, grid modernization, and potentially new generation capacity to support a growing electrified transport sector.
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