In countries across Asia and Africa, many people get around using less conventional vehicles, such as motorbikes, scooters and auto-rickshaws. And there are now many startups worldwide developing their business around the growing demand for small EVs. Another 10 percent of the market is made up of autorickshaws (or tuk-tuks), demonstrating the significant potential for the development of the small EV market. While running a small EV in India may be cheaper than using fossil fuel-powered vehicles, this is not the case everywhere. The high price of electricity restricts many countries from effectively developing their EV markets, particularly in low-income populations that could benefit from this technology.

Source: The North Africa Journal December 25, 2023 20:16 UTC