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Electric vehicle adoption and business model transformation in emerging markets: a comparative analysis of South Africa & Kenya

Mini Dissertation (MBA)--University of Pretoria, 2025.

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Other Authors: Balkissoon, Rishal
Format: Thesis
Language:English
Published: University of Pretoria 2026
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access_status_str Open Access
author2 Balkissoon, Rishal
author_browse Balkissoon, Rishal
author_facet Balkissoon, Rishal
collection Thesis
dc_rights_str_mv © 2025 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2025.
format Thesis
id oai:repository.up.ac.za:2263/109234
institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:38:10.802Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2026
publishDateRange 2026
publishDateSort 2026
publisher University of Pretoria
publisherStr University of Pretoria
record_format dspace
source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/109234 Electric vehicle adoption and business model transformation in emerging markets: a comparative analysis of South Africa & Kenya Balkissoon, Rishal ichelp@gibs.co.za Nsubuga-Mukasa, Timothy UCTD Electric vehicles (EVs) Business model innovation (BMI) Emerging markets Digitalization Sustainable mobility Technology acceptance model (TAM) South Africa Kenya Infrastructure Mini Dissertation (MBA)--University of Pretoria, 2025. The global automotive industry's move to electrification and digitalization has presented a unique challenge for this industry as well as bringing great opportunities particularly in emerging markets (Lin et al., 2025). Existing research did not properly address the contextual factors that shape electric vehicle (EV) adoption and business model innovation in Africa. This study explore seeks to explore these dynamics across South Africa and Kenya using qualitative, exploratory approach and making use of 16 semi-structured interviews with key industry stakeholders. Thematic analysis revealed that although the total cost of ownership was a key driver within the two markets studied, there where barriers that these markets faced that included high upfront costs, policy uncertainty, and inadequate charging infrastructure (Mesquita et al., 2025). The findings also revealed that digitalization enabled new revenue streams in these markets that are starting to transform the existing traditional value chains (Pizzichini & Rossi, 2025). The research offered a strategic framework for stakeholders as well as contributed to theory in terms of contextualizing the Technology Acceptance Model (TAM) and Business Model Innovation (BMI) frameworks for these markets (Chanda & Tarei, 2024). Gordon Institute of Business Science (GIBS) MBA Unrestricted Gordon Institute of Business Science (GIBS) SDG-09: Industry, innovation and infrastructure 2026-03-23T09:44:13Z 2026-03-23T09:44:13Z 2026-05-05 2025 Mini Dissertation * A2025 http://hdl.handle.net/2263/109234 en © 2025 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Electric vehicles (EVs)
Business model innovation (BMI)
Emerging markets
Digitalization
Sustainable mobility
Technology acceptance model (TAM)
South Africa
Kenya
Infrastructure
Electric vehicle adoption and business model transformation in emerging markets: a comparative analysis of South Africa & Kenya
title Electric vehicle adoption and business model transformation in emerging markets: a comparative analysis of South Africa & Kenya
title_full Electric vehicle adoption and business model transformation in emerging markets: a comparative analysis of South Africa & Kenya
title_fullStr Electric vehicle adoption and business model transformation in emerging markets: a comparative analysis of South Africa & Kenya
title_full_unstemmed Electric vehicle adoption and business model transformation in emerging markets: a comparative analysis of South Africa & Kenya
title_short Electric vehicle adoption and business model transformation in emerging markets: a comparative analysis of South Africa & Kenya
title_sort electric vehicle adoption and business model transformation in emerging markets a comparative analysis of south africa kenya
topic UCTD
Electric vehicles (EVs)
Business model innovation (BMI)
Emerging markets
Digitalization
Sustainable mobility
Technology acceptance model (TAM)
South Africa
Kenya
Infrastructure
url http://hdl.handle.net/2263/109234