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Through the Ministry of Investment, Trade, and Industry (MITI), the Government of Botswana invites local and international businesses with proven track records and relevant experience to express interest in manufacturing electric vehicles and components associated with them in Botswana.
The development of the local electromobility industry under this EOI aims to support Botswana’s other industrial development goals and reduce greenhouse gas emissions.
In order to establish an e-mobility industry in Botswana, the government plans to collaborate with reputable manufacturers.In addition, the government will establish conditions favourable to achieving the desired outcomes.
In order to supply locally produced EVs to regional and local markets, the partnership intends to manufacture EVs and related components in Botswana.
The Economic Opportunity Initiative (EOI) cites the Botswana Development Corporation, Citizen Entrepreneurial Development Agency (CEDA), and Botswana Investment and Trade Centre (BITC) as partner organizations.
The Botswana EV Charger Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
Botswana has joined the Energy Asset Administration Drive (ERGI), a drive to help the revelation and improvement of mineral stores of vital metals used to make battery electric vehicles.
The foreign ministers of ten nations met in New York during the United Nations General Assembly to talk about the collaboration that was announced by the Department of State, Bureau of Energy Resources, under the ERGI.
The objective of this initiative is to promote mining industry best practices and durable energy mineral supply chains.
Additionally, it aims to diversify the relatively concentrated production of certain strategic metals, particularly those that are necessary for the production of electric vehicles.
ERGI will encourage the adoption and implementation of high safety and environmental standards in all global mineral development projects in addition to the technical and professional aspects.
This work will, furthermore, assist with guaranteeing these undertakings are alluring to global financial backers.
The nations joining the US incorporate Australia, Botswana, Peru, Argentina, Brazil, the Vote based Republic of Congo, Namibia, the Philippines and Zambia.
According to Reuters, a US official stated that they “hope that Canada will join the initiative in the near future.”
