Abstract
The electrification of vehicles is accelerating and the global automotive industry is under full transformation. China has become an indispensable partner for EV makers as the only
country that has succeeded in building a complete and competitive industry value chain of EV lithium-ion batteries. Top-down government-led policymaking has been an important driver;
bottom-up firm-level vertical integration strategy and investments have effectively created a closed-loop supply chain. Africa is still at an early stage in this mobility transition. But with its rich deposits of minerals and potential markets, it can become
a key player in the global EV value chain, if a favourable ecosystem for the fast uptake of EV and related green businesses could be developed in time.
country that has succeeded in building a complete and competitive industry value chain of EV lithium-ion batteries. Top-down government-led policymaking has been an important driver;
bottom-up firm-level vertical integration strategy and investments have effectively created a closed-loop supply chain. Africa is still at an early stage in this mobility transition. But with its rich deposits of minerals and potential markets, it can become
a key player in the global EV value chain, if a favourable ecosystem for the fast uptake of EV and related green businesses could be developed in time.
| Original language | English |
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| Publisher | Centre for Business and Development Studies |
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| Number of pages | 7 |
| Publication status | Published - 2022 |
| Externally published | Yes |
| Series | Centre for Business and Development Studies. Policy Brief |
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| Number | December 2022 |
