Switch to electric cars in Ghana, how much are you saving?
Electric vehicles (EVs) are growing in Ghana, supported by government initiatives, expanding charging networks, and a focus on clean energy. Lower electricity costs and reduced maintenance make EVs a cost-effective alternative to gasoline cars, with potential savings of up to 75% on energy expenses. Major cities like Accra, Kumasi, and Takoradi are improving charging infrastructure, but challenges remain, including high purchase prices, limited rural charging stations, and a small selection of EV models. As battery technology improves and infrastructure develops, EV adoption is expected to rise, helping Ghana achieve its sustainability goals and reduce dependence on fossil fuels.
| 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 | $2.40 (15 kWh × $0.16/kWh, Ghana’s electricity price) | $7.80 (6 liters × $1.30/liter, estimated fuel cost) |
| Annual Cost (15,000 km) | $360.00 | $1,170.00 |
| Annual Cost (25,000 km) | $600.00 | $1,950.00 |
| Annual Cost (30,000 km) | $720.00 | $2,340.00 |
| Annual Cost (50,000 km) | $1,200.00 | $3,900.00 |
| Annual Cost (70,000 km) | $1,680.00 | $5,460.00 |
| Annual Savings (15,000 km) | $810.00 | – |
| Annual Savings (25,000 km) | $1,350.00 | – |
| Annual Savings (30,000 km) | $1,620.00 | – |
| Annual Savings (50,000 km) | $2,700.00 | – |
| Annual Savings (70,000 km) | $3,780.00 | – |
| 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 Ghana’s increasing focus on renewable energy. | High emissions due to combustion of fossil fuels. |
| Government Incentives | Potential tax reductions, registration fee exemptions, and lower import duties. | No special incentives. |
| Infrastructure Growth | Expanding charging networks in cities like Accra, Kumasi, and Takoradi. | Well-established fuel station network. |
| Energy Security | Reduces dependence on imported fossil fuels. | Dependent on global oil markets and price fluctuations. |
| Technology Evolution | Battery lifespan improving, cost reductions expected. | Limited innovation in efficiency gains. |
| Long-Term Viability | Key to Ghana’s sustainable transportation future. | Facing increasing environmental and regulatory constraints. |