South Africa Electric Vehicle and Charging Infrastructure Market Report 2025
The electric vehicle and charging infrastructure market in South Africa is anticipated to experience significant growth, reaching $471.3 million by 2025. This represents a 26.3% annual growth rate, continuing the robust expansion observed between 2020 and 2024, which achieved a Compound Annual Growth Rate (CAGR) of 33.5%.
Market Projections
The market is forecasted to maintain its upward trajectory, with a projected CAGR of 21.0% from 2025 to 2029. By the end of 2029, the market is expected to expand from $373.1 million in 2024 to approximately $1.01 billion.
Report Details
The comprehensive report provides a detailed analysis of the electric vehicle and charging infrastructure industry in South Africa, covering various domains and offering over 50 Key Performance Indicators (KPIs) at the country level. It includes market size and forecast data, market dynamics, and share statistics, segmented by:
- Total vehicle and electric vehicle
- Drive type, car segment, and cars’ sub-segment
- Vehicle class, powertrain, distance range, charging type, propulsion type, and vehicle connectivity
- Vehicle type and cities
- Electric vehicle charging infrastructure and charging stations
The report also provides insights into end-user trends through KPIs in value terms, helping to understand end-market dynamics.
Key Aspects Covered
- South Africa’s Market Size: Detailed market size and forecast data for electric vehicles by value and volume.
- Detailed EV Market Opportunity: Segmentation by drive segment, car segment, commercial vehicle segment, passenger car segment, vehicle class, powertrain, distance range, charging type, propulsion type, vehicle type, and cities.
- EV Infrastructure: Comprehensive overview of the electric vehicle infrastructure market, including market size, forecast data, and detailed segmentation.
- EV Market Risk Assessment: Granular segment-level information to identify new business opportunities and risks.
Report Scope
The report includes in-depth data-centric analysis through 67 tables and 87 charts, covering various market segments such as overall vehicle market size, electric vehicle market size and forecast, electric vehicle market volume by drive segment, and more.
For further information about this report, you can visit ResearchAndMarkets.com.
