South African Electric Vehicles Market - Forecast to 2022 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 17, 2018--The “South African Electric Vehicles Market, Forecast to 2022” report has been added to ResearchAndMarkets.com’s offering.
The South African electric vehicle (EV) market is still in its infancy, but is expected to grow at a slow but steady pace over the next five years.
South Africa’s automotive sector is currently ranked 23rd in terms of manufacturing and is a key player in the international automotive value chain. The EV market is currently restrained due to a variety of factors which include unfavourable EV policy and a lack of infrastructure.
International OEMs having a presence in the country have invested heavily in an attempt to grow the market locally. Their global strategies are slowly filtering down into the local South African market, with 20 BEV and PHEV offerings currently available. This number is set to increase over the next few years as more OEMs are introducing their EVs to the South African market.
The charging infrastructure is currently lacking, but is expected to expand through upcoming projects, which are likely to necessitate the further uptake of EVs in the country. EV for public transport is currently under consideration within various cities across South Africa; the introduction of EVs will result in a sustainable and local sourcing of transport fuel.
The scope of this study is to cover the passenger EV market in South Africa. The base year of this study is 2017 and forecasts are done until 2022. The geographic scope of this study will only cover South Africa.
Companies FeaturedBMW Nissan
Key Topics Covered
1. Executive Summary
2. Research Scope
3. Drivers and Restraints
4. Market Risks
5. South African Electric Vehicle Market Overview
6. EV Brand Segmentation
7. EV Infrastructure Development
8. EV in Public Transport
9. EV Manufacturing in South Africa
10. Transformational Shifts in Global EV Market
11. Opportunity Analysis for EVs in South Africa
12. Growth Opportunities and Companies to Action
13. The Last Word
For more information about this report visit https://www.researchandmarkets.com/research/7pwlsv/south_african?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181217005497/en/
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Related Topics:Electric and Hybrid Vehicles
KEYWORD: SOUTH AFRICA AFRICA
INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/17/2018 10:32 AM/DISC: 12/17/2018 10:32 AM