BURKINA FASO ELECTRIC VEHICLE MARKET

INTRODUCTION

Although the majority of electric 2&3W vehicles are currently centred in Asia, this industry is anticipated to grow significantly in Africa over the following few years.

The examination of the electrification of two- and three-wheelers in the Sahel, with a concentration on Bamako (Mali) and Ouagadougou in order to comprehend the impact of this transformation and address any issues (Burkina Faso).

BURKINA FASO ELECTRIC VEHICLE MARKET SIZE AND FORECAST

The Burkina Faso Electric Vehicle 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.

MARKET DYNAMICS

Small cars like the 2&3W are probably where the switch to electric mobility in African towns will begin. There are numerous explanations behind that.

First off, two-wheelers are already the main means of transportation in many Sahelian cities, and indications indicate that this tendency will continue.

Today, 2&3Ws make up two out of every three cars in Bamako and three out of every four cars in Ouagadougou. Second, because smaller cars are obviously less expensive to buy, they are more desirable to low-income citizens who have fewer financing alternatives.

Last but not least, unlike electric automobiles or buses, most two-wheelers can be quickly recharged in a few hours using a regular socket at home or in a business. As a result, they do not require the construction of substantial charging infrastructure to be a practical mode of transportation.

In Sahelian cities, electric 2&3W provide a significant chance to reduce CO2 emissions and air pollution. In Ouagadougou and Bamako today, automobiles with internal combustion engines account for 60 to 75 percent of dangerous air pollutants and more than 50 percent of all CO2 vehicle emissions.

In Burkina Faso and Mali, respectively, ambient (outdoor) air pollution caused the loss of 357,039 and 396,308 years of "healthy" life.

COMPANY PROFILE

• Audi
• Rivian
• Tesla
• NIO
• Fisker Inc.
• Faraday Future

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perBurkina Faso Electric Vehicle Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aElectric Vehicle MarketinBurkina Faso?
3. How manyBurkina Faso Electric Vehicle Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aBurkina Faso Electric Vehicle Marketand key vendor selection criteria
6. Where is theBurkina Faso Electric Vehicle Marketmanufactured? What is the average margin per equipment?
7. Market share ofBurkina Faso Electric Vehicle Marketmanufacturers and their upcoming products
8. The most important plannedBurkina Faso Electric Vehicle Marketin next 2 years
9. Details on network of majorBurkina Faso Electric Vehicle Marketand pricing plans
10. Cost advantage for OEMs who manufactureBurkina Faso Electric Vehicle Marketin-house
11. 5 key predictions for next 5 years inBurkina Faso Electric Vehicle Market
12. Average B-2-BBurkina Faso Electric Vehicle Marketprice in all segments
13. Latest trends inBurkina Faso Electric Vehicle Market, by every market segment
14. The market size (both volume and value) ofBurkina Faso Electric Vehicle Marketin 2022-2030 and every year in between?
15. Global production breakup ofBurkina Faso Electric Vehicle Market, by suppliers and their OEM relationship.