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Last Updated: Apr 25, 2025 | Study Period: 2022-2030
The battery pack, the motors that drive the wheels (ac motors do not require servicing; dc motors will require the replacement of carbon brushes in the future), and the control box that houses the digital electronics are the only three major components in electric cars in Ghana.
All three parts are guaranteed to function and are changed by the manufacturer if a problem arises.
Our gasoline or diesel powered cars, which have hundreds of parts and require maintenance or replacement more regularly, stand in stark contrast to this. Depending on the battery capacity, an electric car's battery pack can be charged using a 220V domestic supply from an AC outlet or with the output of a small solar inverter.
If cost is not an issue, a plug-in hybrid electric car might be the solution for people who worry about the distance or range they will be able to cover after a full charge, especially for long-distance trips. This vehicle combines a gasoline engine with one or more electric motors, as well as a battery pack that can be recharged.
The advantage is that one can travel only on electricity and switch to gasoline or diesel when the car's electrical charge is ready to run out.
The Ghana 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.
A few businesses in Ghana, including SolarTaxi Ghana, have stepped up to the plate to make sure Ghana doesn't miss out on the rollout of electric vehicles.
The electric motor of an electric car is powered by a sizable traction battery pack that must be hooked into a wall outlet or charging device known as the Electric Vehicle Supply Equipment, according to the US Department of Energy.
Climate change is a key driver behind the push for the usage of electric vehicles. Internal combustion engines that run on gasoline and diesel discharge dangerous gasses into the environment, such as carbon monoxide, which has caused the earth's surface, oceans, atmosphere, and natural habitats to warm.
This has also resulted in unpredictable climatic conditions and unmitigated disasters.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |