The concept of the electric vehicle has been in existence since the mid 19th century. Even though the internal combustion engine dominates the vehicle industry, the electric vehicle manufacturing industry is steadily growing. The industry has a few EV companies that have emerged in recent years that leave car enthusiasts anticipating. We all know that Electric cars are the future. The concept of electric vehicles is not as simple as it sounds, and it depends on numerous sophisticated variables.
The term “Made in Africa” is not one you hear of every day in the manufacturing industry. Africa does not have certain firm-level productivity factors such as export, agglomeration, and capabilities responsible for its industrial success to promote economic growth. The nations combined lack industrial dynamism, which can be resolved by a unified goal to collaborate with experts both at home and in the diaspora to perform and educate the next generation on sustainable energy solutions.
For the Electric vehicle manufacturing industry to make their advancement in Africa, they face two vital questions.
- What kind of impact will this rise in the manufacturing industry have on the 1.2 Billion African population?
- How can the administration or government create a domain that promotes the electric vehicle manufacturing industry’s successful development?
The well-reputed team at Leneir is solving these questions and figuring out solutions to produce well-engineered Electric vehicles.
The Urbanization of Africa
Surprisingly the rate of urbanization in Africa is significantly higher than any other continent around the world. With a staggering 4% rate of urbanization, Africa is developing at a swift pace. And this makes it a perfect region for the EV manufacturing industry to step in. With a global average rate of only 2 %, Africa is catching up to the well-developed countries fast. This urban population is growing at a quick pace, and the transportation need is increasing too.
The transportation sector of Africa
Africa’s transportation sector is dominated by petroleum and consumes almost 30% of its net final energy. The demand is expected to be doubled by 2050. It is about time Africa opted for a solution like sustainable energy. Proper stimulation of the EV market shows that to launch a large number of the electric vehicle is now urgent. Africa does not have too many automotive manufacturers but imports almost all vehicles from Asia, Europe, and America. Vehicle owners are usually between the middle class. Studies have shown that more than 90% of the car available in Africa is second-hand and imported from other countries.
Associated impacts with EV industry
A local EV manufacturer can have considerable potential to make a change. Here are some impacts an African EV manufacturer can make on the economy.
Experts believe that an African EV manufacturer can produce electric vehicles that are relatively cheaper. With the ownership of intellectual property, the cost of production will be minimum.
Reduction in the rate of CO2 emission is arguably the significant impact an EV manufacturer will make by promoting electromobility in Africa, to keep the emission under control. Early adopters from traditional automobile buyers to conscientious consumers aware of our electronic systems’ full-capacity and the environmental benefits would support.
In a continent where the urbanization rate is higher than the rest of the world, the job opportunity plays a significant role in the development. The promotion of the electric vehicle industry will provide more job opportunities in the years to come. We plan to provide over 30,000 jobs to qualified graduates in the next few years and collaborate with domestic vendors.
A decrease in liquid fuel demand
The transportation industry in Africa is fuel-based. The high cost of these fuels creates a significant burden on the citizens. Studies have shown that almost 20 to 30% of the net income is allocated to transportation in Africa. As the countries are getting more urbanized, the demand for fuel is increasing at an alarming rate.
Proper implementation and utilization of the electric vehicle industry can decrease this fuel demand and save the continent from economic failure.
And this is where electric vehicle manufacturer like Leneir comes into play.
Leneir: The first Solar Powered African EV Manufacturer
Leneir is the first EV manufacturer in Africa. With the need for electromobility in Africa, Leneir took a step forward. Leneir has the vision to create transportation alternatives with great design and even greater feasibility. With the highest quality of engineering, the goal of Leneir is to decrease the overwhelming fuel dependency. A smart device depending on renewable energy sources like solar energy is what this manufacturer is after. With the change that Leneir is creating in the African transportation industry, people can now adopt electric vehicles instead of foreign automobiles. The long-term reliance on gas-powered vehicles and the unstable surge in petroleum affected by the economy will diminish. The rapid urbanization is creating pollution and worsening air quality. Taking preventative measures is necessary; meanwhile, adopting electric vehicles with the aid of a manufacturer like Leneir will make a significant change in the right direction. Adetola Anifalaje, CEO of Leneir, said, “The concept of an African made EV would only be a dream to most if we as individuals do not step up to make that dream a reality for the next generation, and that’s what we are accomplishing at Leneir.”
Electric vehicle revolution
This decade will be remembered as the decade when the EV revolution happened. And this is the absolute perfect moment for countries inside Africa to analyze the potential of electric vehicles. In the upcoming years, many sub-Saharan countries will invest a considerable amount of money in developing electric cars.
With the rising middle class and the fast pace of sub-Saharan countries’ urbanization, this is the perfect moment to join the revolution.
Following the global EV movement, sub-Saharan countries must seek energy secure and environmentally friendly paths.
Look forward to “Made in Africa.”
The National Association of automobile manufacturers of South Africa has taken an interest in EV revolutions. Leneir, the first African electric vehicle manufacturer, joining this revolution, does not seem out of reach anymore.
It is always much more comfortable to say something than to implement it by action. Only time will tell if Africa can overcome all the obstacles and be ready to move into a world full of electric vehicles.