Ghana Electrical Vehicle Sector
In 2020, Kantanka, a Ghanaian automobile company, announced that it is developing an all-electric city vehicle that would be assembled in Ghana. Kantanka assembles
The most important attribute of the vehicle itself, according to the survey, is driving range (although only around 6% of respondents travel more than 50 km daily). Another important factor for potential Ghanaian buyers for EVs is charging times of less than 30 minutes.
In addition, the high gas and diesel costs during Ghana's particularly acute inflation surge in 2022 increased public consideration of EVs as a fuel-efficient alternative. Ghana's electricity access rate for households is more than 80%, making home charging a possibility.
Consumers also seek evidence of reliability and performance. Status of the Industry and Dealerships: OEMs in Ghana's market such as Nissan, Volkswagen, Toyota, and Mahinda, are predominantly assembling and manufacturing ICE vehicles in Ghana at present.
Ghana's electricity access rate for households is more than 80%, making home charging a possibility. Ghana also has excess electricity generation capacity, although this is decreasing over time. High electricity costs in Ghana, which are set to increase by 30% in February 2023, present a fundamental cost-benefit challenge for consumers.
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