Angola’s electric car fleet is anticipated to witness a significant surge, doubling from two thousand vehicles in the current year to an estimated four thousand by 2024.
These projections were shared by the executive president of CVE Angola, coinciding with the recent opening of the country’s inaugural electric vehicle charging station in Luanda.
Adilson Matoso, discussing his market study with Jornal de Angola, highlighted the expected arrival of an additional two thousand vehicles from the United States, following the initial influx of two thousand Chinese electric cars.
While Angola stands at the forefront of electric mobility among Southern African Development Community (SADC) nations, alongside South Africa, the country faces mounting interest from neighboring nations such as Botswana, Namibia, Zambia, and Malawi.
Matoso underscored existing concerns hindering widespread adoption, primarily the shortage of charging stations, causing apprehension among motorists due to inadequate charging options and potential stops.
Pointing out limited government initiatives and insufficient legislation promoting electric vehicles, Matoso stressed the pivotal role of the private sector.
He emphasized the necessity for investor-friendly policies, highlighting the efficacy of private sector leadership in propelling the electric mobility market.
Although Matoso outlined the potential for swift investment returns within a year in Angola’s electric vehicle charging sector, he emphasized the significant challenge posed by the dearth of charging infrastructure.
He pointed to the vast disparity between Angola and more advanced electric vehicle markets like the EU, China, Japan, and the USA, specifically in manufacturing and distributing electric vehicles and associated infrastructure.
Moreover, major automobile manufacturers have announced intentions to halt fossil fuel vehicle production by 2030, signaling a global transition toward eco-friendly transportation solutions.