Here is why insurers are starting to cover EVs

October 02, 2025

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African insurers are warming up to EV coverage

King Price Insurance has become the first insurer in a major African country to cover a commercial fleet of EVs. It started to give preferential coverage to Everlectric, an electric fleet company in South Africa. The firm provides commercial EVs as a service to businesses, focusing on the logistics and distribution sectors. It runs a total of 200 vehicles.  

  • Commercial fleet companies have been struggling to convince insurers to drop high premiums based on expensive EV components like batteries. 

  • Increased EV adoption in the past year has enabled insurers to gather more data and assess risks in more detail.  

  • Our take: The ability of commercial EV fleet operators to secure better insurance terms could determine profitability… Read more (2 min)

Algeria is planning to launch its first locally-made electric car in March 2026. The project, launched in April 2023, is being carried out by the Algerian Centre for Research in Industrial Technologies (CRTI) and several industrial partners. Originally slated for completion in 2025, the electric car’s launch was postponed due to the project’s technical complexity. 

  • Algeria joins Uganda, Botswana and Egypt in building a government-backed electric car. Meanwhile in Kenya, South Africa and Morocco the sector is mainly driven by the private sector.   

  • Algeria’s car is a quadricycle, a street-legal, light-duty vehicle that bridges the gap between a large motorbike and a full-sized car. They are cheap and easy to maintain, making them competitive with imported EVs. 

  • Our take: African countries should think twice about state-run car-making… Read more (2 min)

Mobility Rising has spotted seven new e-mobility roles across Africa, concentrated in East and West Africa. East Africa leads with six openings. No new listings were recorded in North and southern Africa. Notably, Dodai posted the most roles while E-Safiri and Solar Taxi reappear on our job board, signalling a fresh push for new talent.

  • Job ads reflect demand in marketing, compliance and technical project functions, with Dodai and Greenwheels Africa driving recruitment in Ethiopia and Kenya.

  • The spread of roles suggests growing investment in brand positioning, compliance systems and project delivery in the ecosystem.

  • Click here to see all the new roles… (2 min)

Drivers recharge their EVs at a GridCars charging station in South Africa

 

Events

📅 Attend Auto Tech Expo in Egypt (Oct 24)

📅 Register for Renewable Energy Forum Africa happening in Ghana (Dec 3)

📅 Join EV leaders at the Africa E-Mobility Expo in Kenya (Dec 4)

Various 

🏍️ Two wheelers lead Kenya’s EV revolution

🔋 BMW South Africa calls for a joint EV battery strategy with Europe

🚘 Changan arrives in South Africa

Seen on LinkedIn 

Parks Tau, SA’s Minister of Trade and Industry, says, “As the world pivots to New Energy Vehicles and trade becomes more uncertain, OEMs are making tough calls. The auto industry is at an inflection point. Adaptation is urgent if South Africa is to retain key export markets like the UK & EU.”