General Motors will start electric cars in 2035 but Kantanka has already started
- General Motors of the US will start going full electric by 2035
- Their decision follows the rise in climate change
- Ghana's local car manufacturer, Kantanka, says it already begun making electric cars
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The globe keeps getting warmer and the burden of a greener eco-space for business and technology is compelling manufacturing to refocus innovations on more electric, carbon-neutral product lines.
American car giant – General Motors – has made known its intention of going full electric by 2035.
General Motors - maker of Buicks, Cadillacs, Chevrolets, and Corvettes, among others — will manufacture about 30 types of electric vehicles. By late 2025, about 40 percent of the company’s U.S. models will be battery-powered electric vehicles, pledging to make its factories and other facilities carbon neutral by 2040.
Source: UGC
Also, Volkswagen is hoping to manufacture 70 new electric models in the next 10 years. It intends to spike its electric-vehicle production in ten years to 22 million and pour about $33 billion into electrifying its other vehicles.
Ford, which has been building vehicles with internal-combustion engines for more than a century, is spending $11.5 billion through 2022 on new EVs. Tesla plans to increase sales of its all-electric fleet.
The pressure to go electric and carbon neutral is gradually creeping into the African automobile market. In Ghana, local automobile firm, Kantanka, has initiated the drive to go electric with the manufacture of budget cars.
Already, the automobile company has remodeled its market targets as it is now producing small economic vehicles on demand. These cars come in the range of a manual gearbox as well as an electronic automatic gearbox powered by lithium batteries.
“With just 45,000 cedis, you can get one of these small cars that come in manual and electronically powered automatic gearboxes. We have assembled them for intercity transportation and not countryside travels,” General Manager for Kantanka, Francis Kojo Kudjordzi announced.
Ghana’s automobile policy has opened the West African economy to car manufacturing giants like VW to establish assembly plants and manufacture vehicles to suit the available market of a fledgling middle working class.
But even as the culture of going electric and carbon-neutral gradually hits home, Kantanka is already exploring partnerships to expand.
“We are expanding in the months ahead. For now, we need an investment capital of about 100 million dollars. This is crucial at the moment when demand is fast increasing and our market share is expanding,” he revealed.
The Bloomberg New Energy Finance (BNEF) has predicted a green-energy renaissance of the entire global energy industry. It projects that electric cars in Europe and North America would be cheaper to buy and run than traditional vehicles by 2030.
Amidst the fortunes of this renaissance, the trickle-down effect of dumping on Africa looms.
With about half a million used cars imported to Nigeria alone yearly, Africa has become the continent, where condemned vehicles go to die. Most of the vehicles are from the US, Japan, France, and brands such as Toyota are now commonplace on the countries’ roads.
This trend, the Ghana Automobile bill seeks to kill. Trade Minister, Alan Kyeremanteng has insisted the ban on salvaged and overaged cars will do justice to Ghana’s resolve of going green in the future.
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Source: YEN.com.gh
