The transport sector is one of the main contributors of emissions. Therefore, we need to electrify everything in the transport sector as soon as possible. The passenger vehicle market is an area that is close at hand. There have been great strides in the quest for passenger vehicle electrification over the past 10 years in countries like Norway. The market share of electric vehicles is also increasing in larger markets such as China, Germany, UK and other places.
The last decade has shown us that the passenger vehicle segment is quite easy to electrify and only needs commitments from global OEMs. For example, in the UK, the Society of Motor Manufacturers and Traders (SMMT) says there are now over 150 plug-in models available in the UK, which is around one in five new cars sold this year! A further 50 models are due to launch by the end of 2022, bringing the number of models to 200. With 200 plug-in model options to choose from and the ever-increasing cost of petrol and diesel, UK consumers have no never had a better opportunity to go electric. Of course, the long wait times for some of the popular models mean they might have to wait a little longer than usual for their favorite EV. Many models are starting to report shorter delivery times and customers don’t have to wait as long as before.
We really need to electrify small passenger vehicles as well as buses all over the world and not just in the developed world. BYD is one of the companies taking the lead in bringing electric passenger vehicles to most parts of the world. BYD is ramping up production of electric vehicles powered by its revolutionary Blade battery. Last month, BYD factories produced 220,107 NEVs compared to 81,575 NEVs in October 2021. So far in 2022, BYD has produced 1,411,690 NEVs, according to a company announcement. That’s probably why BYD now has more room to ship its EVs to more markets around the world than other OEMs in North America or Europe. BYD is literally taking its electric cars out into the world and it seems like we get a new market entry announcement from BYD every week, which is good for catalyzing the adoption of electric vehicles.
Mongolia, Cambodia, India, Vietnam, Singapore and Malaysia are some of the markets in which BYD recently announced the addition of several models, including the critically acclaimed Atto 3. BYD was already present in some of these markets and it’s good to see that it is adding new models to these markets. However, BYD has just signed a partnership with the LEAL Group, a major car dealership in Mauritius. The Leal Group is already a supplier and importer of BMW, MINI, Rolls Royce, Renault, KIA, Mitsubishi, GWM and Haval vehicles in Mauritius.
It’s really good to see that BYD is now present in another Southern African Development Community (SADC) market. Already, you could buy BYD passenger and utility vehicles in Zimbabwe. BYD distributors in Zimbabwe are also present in Zambia. I hope we will soon see BYD vehicles in Zambia as well as in all 16 Member States. SADC Member States are; Angola, Botswana, Comoros, Democratic Republic of Congo, Eswatini, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, United Republic of Tanzania, Zambia and Zimbabwe.
A recent study titled “Enabling Southern Africa’s Transition to a Low-Carbon Electricity Systemas part of the Climate Compatible Growth Agenda’s COP27 Policy Brief Series, presented pathways to enable the transition to a clean, high-energy electricity sector with up to 80% of generation from renewable energy by 2040 in the SADC region. Increasing the penetration of electric vehicles in the SADC region and at the same time working to increase the share of renewable energy in this region will be a game-changer for the region. It will create new industries in the region and unlock much-needed new job opportunities in a region struggling with high unemployment.
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