Within this commentary, the principal expert at Energytics presents an analysis of the incentives and impediments to electric vehicle (EV) adoption that have been identified in the extant literature on EV policy. Additionally, the expert evaluates the current policy gaps in Egypt and proposes policies that can effectively surmount the obstacles to EV adoption while capitalizing on the opportunities that exist.
Throughout the analysis, the expert identifies several incentives that have been found to encourage EV adoption, such as financial incentives, infrastructure development, and public education campaigns. Conversely, the expert also identifies several barriers, including high upfront costs, limited infrastructure, and a lack of consumer awareness.
The expert's assessment of the current policy landscape in Egypt reveals several gaps that need to be addressed to promote EV adoption. Specifically, there is a lack of financial incentives for EV adoption, limited infrastructure development, and limited public education campaigns.
To overcome these obstacles, the expert proposes a set of policies that can effectively promote EV adoption. These policies include financial incentives such as tax credits and rebates, infrastructure development such as the installation of charging stations, and public education campaigns to increase consumer awareness and understanding of EVs. By implementing these policies, Egypt can overcome the obstacles to EV adoption and take advantage of the opportunities available to promote sustainable transportation.
https://aps.aucegypt.edu/en/articles/1013/electric-vehicle-adoption-in-egypt-a-long-way-to-go
