FIA partners with Sciences Po to publish new report on China and Rwanda
The report - which was carried out with the Urban School of Sciences Po, and sponsored by the FIA - suggests that China’s EV boom was largely driven by government incentives, and highlights the opportunities for similar growth within the Rwandan market.
The authors point out that China incentivised EV purchases early - helping to encourage innovation within the domestic vehicle industry. With such significant financial backing, the market matured rapidly, and can now operate autonomously with much less government support.
Rwanda has a less developed vehicle market, but is quickly catching up - with a raft of new incentives, driving companies to build their bases in the country. However, the authors point out the fact that EV imports and purchases are still low – with the high price point meaning that new cars remain out of reach for many.
The research was published at the FIA Sustainable Innovation Series event ‘A Just Transition for Africa’ in Kigali, during the federation’s General Assemblies week.
Read the full report below.