EV24 sets eyes on East Africa

From the newsletter

Online car company Auto24 is set to launch its EV subsidiary, EV24, in East Africa, the firm’s Business Development Manager Younes Rabeh told Mobility Rising in an exclusive interview. EV24 will be based in Kenya, a key port of entry for EVs to other markets like Uganda, Rwanda, Burundi, DRC and South Sudan. Auto24 is backed by global automaker Stellantis. 

• Platforms like EV24 are lowering entry barriers by handling logistics, import duties, registration and offering online ordering, making EV access easier, particularly in markets where traditional dealerships are few.  

• Online car platforms in Africa face unique issues like a lack of trust, but also common ones like high EV prices and limited financing options for buyers. This limits sales volumes. 

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