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Driving Change: How Electric Vehicles can rise in the Global South

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Driving Change: How Electric Vehicles can rise in the Global South

Year Published

2023

Contributing Organizations

Power Shift Africa
Tracker Group

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic
Roads
Topic 2
Oil & Gas

Target Audience

Real Economy Corporates
Education Providers / Think Tanks / NGOs

Relevant Geography

Africa
Middle East and North Africa
Asia & the Pacific
Central Asia
Latin America and the Caribbean
Oceania
Driving Change: How Electric Vehicles can rise in the Global South

Resource Description

This resource explores the potential of electric two- and three-wheelers (E2/3Ws) to decarbonize transport in the Global South. It highlights market trends, investment opportunities, and policy priorities, offering a framework for scaling deployment in low- and middle-income countries.

Why This Matters

E2/3Ws offer a fast, cost-effective path to decarbonize mobility in the Global South while supporting jobs, energy access, and air quality.

Key Insights

  • E2/3Ws make up over 50% of vehicles in many Global South countries and can cut transport emissions at low cost
  • Identifies barriers such as high upfront costs, limited financing, and inadequate charging infrastructure
  • Recommends targeted subsidies, blended finance, and concessional capital to de-risk investment
  • Highlights public-private partnerships and local assembly as enablers of market development
  • Provides case studies from India, Rwanda, and Kenya demonstrating scalable business models and policy frameworks

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