And capacities and longevity have already had major advancements in the last year. Including a significantly reduced reliance on cobalt.
You’re also ignoring how cheap Chinese BEVs are. The Wuling Hongguang Mini EV is ~4k usd. Which is 60% of the cost of the average vehicle price in South Africa (~7k usd)
There’s a lot of promising results in the field of battery chemistry https://www.bbc.com/future/article/20240319-the-most-sustain...
And capacities and longevity have already had major advancements in the last year. Including a significantly reduced reliance on cobalt.
You’re also ignoring how cheap Chinese BEVs are. The Wuling Hongguang Mini EV is ~4k usd. Which is 60% of the cost of the average vehicle price in South Africa (~7k usd)