In ten years’ time, Kenya’s petroleum demand curve will have started to invert, as electric vehicles (EVs) replace petrol and diesel vehicles. It is an eventuality that is as certain and inevitable as the mobile phone technology swiftly consigned landline telephony to museums.
By 2030 vehicle manufacturers will be winding up manufacture of new petrol/diesel vehicles, mainly by order of governments which have decreed dates when registration of new petrol/diesel vehicles will cease. The policy and regulatory drivers for EVs are climate change commitments to reduce carbon emissions in the road transportation sector.