Location
South AfricaSector
Renewable EnergyStage
Bankable FeasibilityProject Overview: Scaling South Africa’s EV Charging Network
Electric Vehicles (EVs) offer a transformative opportunity to reduce environmental impact with zero tailpipe emissions. However, EV adoption in South Africa is slow, jeopardizing the goal of reducing transport greenhouse gas emissions to 5% by 2050. The main barrier is the insufficient and unreliable EV charging infrastructure, which deters potential buyers and stalls market growth.
Our Solution
Whale Coast Solar aims to revolutionize South Africa’s EV market by developing a robust network of solar-powered EV chargers. Addressing the critical shortage of charging stations will boost confidence among potential EV drivers and accelerate adoption.
Investment Opportunity
We seek investors to fund the expansion of our EV charger network. Initial returns may be modest, but the long-term potential is substantial as the market grows. With dependable charging infrastructure, South Africa can meet its emission targets and align with SDGs goals.
Investment Needs
$2 700 000Investment Project Type:
PrivateInvested Value to Date:
$30 000Funding Gap:
$2 700 000Climate Classification:
Mitigation
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