Government indicates that it will need at least $1.74b (Shs6.4 trillion) in the five years to 2028 to implement the e-mobility strategy that will position Uganda as net source, rather than a consumer of e-mobility tools and solutions.
The strategy, government says, when fully implemented will, by 2040, see Uganda’s e-mobility sector contribute 12.5 percent to gross domestic product, create more than 500,000 green jobs, localise 65 percent of the e-mobility value chain, and reduce transport-based emissions by more than 25 percent.
The investment, according to government will therefore, give a return of at least $15m (Shs55.3 trillion) in annual revenues, of which at least Shs1b will be generated from income from jobs created, and the reduction of transport-based emissions.
In details contained in the National e-Mobility Strategy, which is implemented by the Ministry of Science, Technology and Innovation under the Inter-ministerial Committee on e-Mobility chaired by Dr Monica Musenero, government indicates that the strategy will be implemented over five financial years from June 2023 to June 2028.
“The strategy has a bold target of Uganda fully transitioned to e-mobility in public transport and motorcycles by 2030 and passenger vehicle sales by 2040,” Dr Musenero indicates, noting that this will be realised by creating a robust, self-sustaining and competitive e-mobility ecosystem that will ensure supply chain localisation, innovation, equity and inclusion, integration, adaptability and information and public awareness.
