How much does a power storage vehicle cost?
How much does a power storage vehicle cost? The cost of a power storage vehicle varies significantly based on several key aspects:
*This is the first of two market intelligence reports by Commercial Service Ghana on Ghana's electrical vehicle (EV) market. The EV market in Ghana is at a nascent stage. Although there has been some progress in recent years, the industry is still far from being fully developed.
Status of the Industry and Dealerships: OEMs in Ghana's market such as Nissan, Volkswagen, Toyota, and Mahinda, are predominantly assembling and manufacturing ICE vehicles in Ghana at present. Hyundai is actively marketing its EV Kona model at dealerships, but it remains price prohibitive for most Ghanaians at more than $55,00 per vehicle.
Building Out Charging Infrastructure: There are few charging stations at present, in Ghana outside of central locations such as the major malls. Solar Taxi had three EV charging stations powered by photovoltaic systems in mid-2020. In September, 2022, Total Energies unveiled an EV charging unit at one of its petrol stations in Accra, its first.
The EV market in Ghana is at a nascent stage. Although there has been some progress in recent years, the industry is still far from being fully developed. There are several initiatives underway, including the development of charging infrastructure and the introduction of electric vehicles into the Ghanaian market.
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