Electric Vehicles Market and Policy Conditions: Identifying South African Policy ``Potholes"

Jacobus Nel () and Roula Inglesi-Lotz
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Jacobus Nel: Department of Economics, University of Pretoria, Private Bag X20, Hatfield 0028, South Africa

No 202257, Working Papers from University of Pretoria, Department of Economics

Abstract: This study investigates the policy environment, specifically the policy ``potholes" (shortcomings), in South Africa and provides policy recommendations to accelerate electric vehicle (EV) adoption in the country. The EV markets in South Africa and Europe in a novel way, to add to the depth of the analysis and associated recommendations. To accomplish this, EV sales are forecasted by fitting an S-curve to the available sales data and assuming a 40 percent market share in 2050. Secondly, the number of years the South African EV market is lagging behind Europe's is estimated, both dynamically and statically. We make policy recommendations in the wake of a detailed analysis of the literature on the effects of policy intervention on EV adoption, the evaluation of the current policy environment, and the comparison. A supply-side policy might be best suited for the country's political environment.

Keywords: electric vehicles in developing countries; market comparison; policy analysis; forecasting technology adoption (search for similar items in EconPapers)
JEL-codes: D78 G18 P25 R41 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2022-12
New Economics Papers: this item is included in nep-afr, nep-ene and nep-tre
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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