Africa’s EV boom – thriving markets for 2, 3, and 4-wheelers
Thermal runaway lithium ion battery is a key safety problem in modern energy storage technology. To understand the mechanism of thermal runaway of lithium battery and its preventive measures is very important to ensure the safety and reliability of battery system.
This article will tell us the causes, mechanism, and prevention of thermal runaway lithium ion battery.
Table of Contents
Current state of the African electric vehicle market
In recent years, the African EV market has undergone unprecedented changes and rapid development. With the global emphasis on environmental protection and sustainable development, EV as a representative of clean energy transportation is gradually emerging in the African continent. Despite the late start of the African EV market, its huge potential and rapid growth rate cannot be ignored.
In addition, the African region has a large number of lithium, nickel and other metal mineral resources, but also provides sufficient raw materials for the production of EV batteries and other parts, providing a broad space for the development of EV industry.
According to the report, the African EV market will reach $21.4 billion in 2027, and the average CAGR from 2022 to 2027 is expected to reach 10.2%. This trend not only reflects the strong demand for EVs in the African market, but also indicates the broad prospects of the future market.
South Africa
According to a report released by the National Automobile Manufacturers Association of South Africa (Naamsa), 3,042 new energy vehicles were sold in the first quarter of this year, an increase of 82.7% over the same period last year. South Africa plans to have 20% of new cars in its car market electric by 2025.
Kenya
Kenya’s government launched the “Electric Mobility” program in 2023 with the goal of promoting electric vehicles nationwide, and plans to achieve more than 200,000 electric motorcycles by the end of 2024.
Ethiopia
The Ethiopian government has included an electric vehicle program in its 10-year development plan, aiming to introduce at least 152,800 electric vehicles by 2030.
Morocco
Morocco is currently committed to a transition to electric vehicles in response to major regulatory changes planned by the European Union to phase out petrol and diesel cars by 2035. Morocco’s Minister of Industry and Trade said he hopes that by 2030, 60% of cars exported will be domestically produced electric vehicles.
Chinese electric car companies in Africa
Chinese car companies have made a particularly strong presence in Africa’s electric car market. In recent years, China’s new energy vehicle exports to Africa have increased significantly, with a year-on-year growth rate of 291% in 2023. Byd, Geely, Dongfeng, Great Wall and other Chinese car companies have set up in Africa, not only exporting vehicles, but also setting up local assembly lines to promote localized production.
In Kenya, for example, Nezha opened its first African store and plans to sell its products to 20 African countries in the next two years. Xopeng Motor has announced that its P7 and G9 models will enter the Egyptian market. In addition, Chinese power battery manufacturers such as Betry New Materials Group and Gotion High-tech have also invested in Africa to build factories to provide key components for the electric vehicle industry.
This year, Rwanda’s capital Kigali also introduced Chinese-made electric buses. Doreen Orishaba, head of BasiGo in Rwanda, told Xinhua that the three-month pilot operation of four Chinese-made electric buses was very successful, and many bus operators realized the advantages of being green and soon ordered 132 electric buses.
The success of Chinese car companies in Africa is not only due to their cost-effective products and rich technical experience, but also due to their accurate grasp and deep understanding of the needs of the African market. Chinese car companies have won wide recognition for providing products and services that meet the needs of African consumers.
Introduction to the African electric motorcycle market
In Africa, electric motorcycles have become the new darling of the market due to their convenience and economy. It is predicted that by 2027, the motorcycle market in Africa will grow to $5.07 billion, and electric motorcycles will become the leading product in the sustainable transportation transformation in sub-Saharan Africa.
According to the McKinsey and Shell Foundation’s market analysis of Kenya, Ethiopia, Nigeria, Uganda and Rwanda, the sales of electric vehicles and electric motorcycles in these five countries are expected to be 340,000 to 820,000 units by 2025, and will grow to 3.8 million to 4.9 million units by 2040.
Kenya
On September 1, 2023, the President of Kenya announced a partnership with African electric vehicle startup Spiro, which plans to promote the sale of up to 1.2 million electric motorcycles in Kenya and deploy more than 3,000 charging stations.
In June 2023, Spiro and Changzhou Haowan New Energy signed a strategic cooperation agreement for the next five years, planning to sell 500,000 electric motorcycles in Africa over the next five years, with a total amount of up to $1 billion, and the business will cover Kenya and Uganda and other emerging markets in Africa.
Rwanda
Rwanda’s electric vehicle startup Ampersand announced on December 19, 2023, that it had raised $19.5 million in funding led by the Ecosystem Integrity Fund (EIF), bringing its cumulative funding to more than $35 million.
Ampersand currently has 32 battery replacement stations in Rwanda and Kenya, providing battery replacement services to 1,700 electric motorcycle customers, and plans to have more than 10,000 electric motorcycles in operation by the end of 2024 and 1 million electric motorcycles per day by 2030.
Chinese electric motorcycles are popular in Africa because of their low cost, high efficiency, environmental protection, quietness and ease of use, but they face competition from India’s Baja Group, TVS Motor and Japan’s Suzuki and Yamaha. How to win in quality and price is the challenge that China’s electric motorcycle companies will face.
Chinese electric companies' perfect time for Africa entry
The African electric vehicle market is in a stage of rapid development, and its huge potential and broad prospects have attracted the attention of global car companies. In the future, with the increasing support of the African government for the electric vehicle industry and the continuous improvement of infrastructure, the African electric vehicle market will usher in a wider space for development.
Africa has rich natural resources and a large market space, providing unique conditions for the development of the electric vehicle industry.
Chinese enterprises can jointly promote the prosperity and development of the electric vehicle industry with African partners through investment in plant construction, technology transfer, personnel training and other ways. It is believed that Chinese auto companies, with their leading position in the field of new energy vehicles and rich market experience, will make remarkable achievements in the African market.
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Africa’s EV boom – thriving markets for 2, 3, and 4-wheelers
Thermal runaway lithium ion battery is a key safety problem in modern energy storage technology. To understand the mechanism of thermal runaway of lithium battery and its preventive measures is very important to ensure the safety and reliability of battery system.
This article will tell us the causes, mechanism, and prevention of thermal runaway lithium ion battery.
Current state of the African electric vehicle market
In recent years, the African EV market has undergone unprecedented changes and rapid development. With the global emphasis on environmental protection and sustainable development, EV as a representative of clean energy transportation is gradually emerging in the African continent. Despite the late start of the African EV market, its huge potential and rapid growth rate cannot be ignored.
In addition, the African region has a large number of lithium, nickel and other metal mineral resources, but also provides sufficient raw materials for the production of EV batteries and other parts, providing a broad space for the development of EV industry.
According to the report, the African EV market will reach $21.4 billion in 2027, and the average CAGR from 2022 to 2027 is expected to reach 10.2%. This trend not only reflects the strong demand for EVs in the African market, but also indicates the broad prospects of the future market.
South Africa
Kenya
Ethiopia
The Ethiopian government has included an electric vehicle program in its 10-year development plan, aiming to introduce at least 152,800 electric vehicles by 2030.
Morocco
Morocco is currently committed to a transition to electric vehicles in response to major regulatory changes planned by the European Union to phase out petrol and diesel cars by 2035. Morocco’s Minister of Industry and Trade said he hopes that by 2030, 60% of cars exported will be domestically produced electric vehicles.
Chinese electric car companies in Africa
Chinese car companies have made a particularly strong presence in Africa’s electric car market. In recent years, China’s new energy vehicle exports to Africa have increased significantly, with a year-on-year growth rate of 291% in 2023. Byd, Geely, Dongfeng, Great Wall and other Chinese car companies have set up in Africa, not only exporting vehicles, but also setting up local assembly lines to promote localized production.
In Kenya, for example, Nezha opened its first African store and plans to sell its products to 20 African countries in the next two years. Xopeng Motor has announced that its P7 and G9 models will enter the Egyptian market. In addition, Chinese power battery manufacturers such as Betry New Materials Group and Gotion High-tech have also invested in Africa to build factories to provide key components for the electric vehicle industry.
This year, Rwanda’s capital Kigali also introduced Chinese-made electric buses. Doreen Orishaba, head of BasiGo in Rwanda, told Xinhua that the three-month pilot operation of four Chinese-made electric buses was very successful, and many bus operators realized the advantages of being green and soon ordered 132 electric buses.
The success of Chinese car companies in Africa is not only due to their cost-effective products and rich technical experience, but also due to their accurate grasp and deep understanding of the needs of the African market. Chinese car companies have won wide recognition for providing products and services that meet the needs of African consumers.
Introduction to the African electric motorcycle market
In Africa, electric motorcycles have become the new darling of the market due to their convenience and economy. It is predicted that by 2027, the motorcycle market in Africa will grow to $5.07 billion, and electric motorcycles will become the leading product in the sustainable transportation transformation in sub-Saharan Africa.
According to the McKinsey and Shell Foundation’s market analysis of Kenya, Ethiopia, Nigeria, Uganda and Rwanda, the sales of electric vehicles and electric motorcycles in these five countries are expected to be 340,000 to 820,000 units by 2025, and will grow to 3.8 million to 4.9 million units by 2040.
Kenya
On September 1, 2023, the President of Kenya announced a partnership with African electric vehicle startup Spiro, which plans to promote the sale of up to 1.2 million electric motorcycles in Kenya and deploy more than 3,000 charging stations.
In June 2023, Spiro and Changzhou Haowan New Energy signed a strategic cooperation agreement for the next five years, planning to sell 500,000 electric motorcycles in Africa over the next five years, with a total amount of up to $1 billion, and the business will cover Kenya and Uganda and other emerging markets in Africa.
Rwanda
Rwanda’s electric vehicle startup Ampersand announced on December 19, 2023, that it had raised $19.5 million in funding led by the Ecosystem Integrity Fund (EIF), bringing its cumulative funding to more than $35 million.
Ampersand currently has 32 battery replacement stations in Rwanda and Kenya, providing battery replacement services to 1,700 electric motorcycle customers, and plans to have more than 10,000 electric motorcycles in operation by the end of 2024 and 1 million electric motorcycles per day by 2030.
Chinese electric motorcycles are popular in Africa because of their low cost, high efficiency, environmental protection, quietness and ease of use, but they face competition from India’s Baja Group, TVS Motor and Japan’s Suzuki and Yamaha. How to win in quality and price is the challenge that China’s electric motorcycle companies will face.
Chinese electric companies' perfect time for Africa entry
The African electric vehicle market is in a stage of rapid development, and its huge potential and broad prospects have attracted the attention of global car companies. In the future, with the increasing support of the African government for the electric vehicle industry and the continuous improvement of infrastructure, the African electric vehicle market will usher in a wider space for development.
Africa has rich natural resources and a large market space, providing unique conditions for the development of the electric vehicle industry.
Chinese enterprises can jointly promote the prosperity and development of the electric vehicle industry with African partners through investment in plant construction, technology transfer, personnel training and other ways. It is believed that Chinese auto companies, with their leading position in the field of new energy vehicles and rich market experience, will make remarkable achievements in the African market.