Just reduce it for a few years to jumpstart the market. The biggest barrier to entry for EVs is the cost. If you can reduce that cost by 30%, you will see a massive uptick in adoption.
Secondly, invest in education and training. You need to train mechanics and technicians on how to service EVs. You need to train engineers on how to design and build EV infrastructure. Without this, you won’t have a sustainable market.
Lastly, invest in infrastructure. You need charging stations, battery-swapping stations, and solar panels. You need to build a network that can support the growth of the industry. Without this, the industry will struggle to take off.
Overall, African countries have a great opportunity to lead the way in green tech. The market is ripe for innovation, and with the right policies and investments, we can see a green revolution in the region.
