Tag: EV Transportation
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Plugging-In Africa: Citi’s Ambitious EV Financing Future
The African electric vehicle (EV) market is projected to grow by 25 percent annually over the next five years. This means that stakeholders, including financiers, have to plan for this expansion if they are to benefit from the sector.
File image of a worker cleaning solar panels installed on the roof of the traditional Gedhe market in Klaten, Central Java. China’s $180 billion clean tech push is reshaping the Global South, with Indonesia a key test of who controls new green industries. (Photo: DEVI RAHMAN / AFP)
By Cobus van Staden, CGSP Head of Research Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking.
Plugging-In Africa: Citi’s Ambitious EV Financing Future
The African electric vehicle (EV) market is projected to grow by 25 percent annually over the next five years. This means that stakeholders, including financiers, have to plan for this expansion if they are to benefit from the sector.