Switch to electric cars in Equatorial Guinea, how much are you saving?
Electric vehicle (EV) adoption in Equatorial Guinea is in its early stages, but the country is beginning to explore sustainable transportation options. With its small population and an emphasis on reducing carbon emissions, Equatorial Guinea could benefit from the introduction of EVs in urban centers like Malabo, the capital. Government incentives may be limited, but there is potential to align EV adoption with the country’s broader sustainability goals. Infrastructure challenges, such as limited charging stations and high vehicle costs, remain significant barriers. However, the adoption of EVs could reduce dependence on imported oil, reduce emissions, and support the country’s future growth in line with global environmental commitments.
As battery technology evolves and renewable energy adoption grows, EVs in Equatorial Guinea could become more viable in the coming years.
| Aspect | Electric Vehicles (EVs) | Gasoline Vehicles |
|---|---|---|
| Energy Efficiency | Over 85% efficiency, meaning most energy is used for propulsion. | Lower efficiency due to heat loss in combustion. |
| Consumption (100 km) | 15 kWh (electricity) | 6 liters (gasoline) |
| Cost per 100 km | $1.77 (15 kWh × $0.118/kWh, Morocco’s electricity price) | $7.20 (6 liters × $1.20/liter, estimated fuel cost) |
| Annual Cost (15,000 km) | $265.50 | $1,080.00 |
| Annual Cost (25,000 km) | $442.50 | $1,800.00 |
| Annual Cost (30,000 km) | $531.00 | $2,160.00 |
| Annual Cost (50,000 km) | $885.00 | $3,600.00 |
| Annual Cost (70,000 km) | $1,239.00 | $5,040.00 |
| Annual Savings (15,000 km) | $814.50 | – |
| Annual Savings (25,000 km) | $1,357.50 | – |
| Annual Savings (30,000 km) | $1,629.00 | – |
| Annual Savings (50,000 km) | $2,715.00 | – |
| Annual Savings (70,000 km) | $3,801.00 | – |
| Maintenance Costs | Lower: No oil changes, timing belts, or exhaust systems. | Higher: Requires regular oil changes and more mechanical upkeep. |
| CO₂ Emissions | Very low due to potential renewable energy adoption in Equatorial Guinea. | High emissions due to combustion of fossil fuels. |
| Government Incentives | Limited government incentives; some support possible with future policies. | No special incentives. |
| Infrastructure Growth | Charging infrastructure in major cities like Malabo could expand in the future. | Well-established fuel station network. |
| Energy Security | Potential to reduce dependence on imported fossil fuels. | Dependent on global oil markets and price fluctuations. |
| Technology Evolution | Potential for improvement as the EV market grows in Africa. | Limited innovation in efficiency gains. |
| Long-Term Viability | Could be part of Equatorial Guinea’s sustainable transportation future with development. | Facing increasing environmental and regulatory constraints. |