Market Share of Africa Electric Vehicle Industry
The Africa Electric Vehicles (EV) market is consolidated and led by globally and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions. For instance,
In September 2023, Shanghai Automotive Industrial Corporation (SAIC), one of the world’s top five electric vehicle (EV) manufacturers, appointed a South African dealer and distributor to market and sell its commercial EVs. MAXUS Electric Vehicles, the newly formed green mobility business, is among the country’s first distributors to focus exclusively on the EV market.
Some of the major players in the market include Nissan Motor Co. Ltd, Volkswagen AG, Tesla Inc., BMW AG, and Toyota Motor Corporation.
Africa Electric Vehicles (EV) Market Leaders
Nissan Motor Co., Ltd.
Volkswagen AG
Tesla Inc.
BMW AG
Toyota Motor Corporation
*Disclaimer: Major Players sorted in no particular order
