Preliminary results of the feasibility study of the battery and electric vehicle initiative between the DRC (Democratic Republic of Congo) and Zambia were revealed at the United Nations General Assembly, held recently in New York. This project, led by Congolese President Félix-Antoine Tshisekedi, aims to develop a solid infrastructure for the production and use of batteries and electric vehicles in the two countries.
According to the results of the study, an investment of 30 billion US dollars would be required to make this ambitious project a reality. The long-term goal is to capture nearly $7 trillion by 2035-2040, showing the scale of the economic potential of this initiative.
Congolese Minister of Industry, Julien Paluku Kahongya, shared these figures during a meeting with international business leaders. He also invited participants to Kinshasa for the second edition of the Business Forum, where the full results of the study will be presented in detail.
This battery and electric vehicle initiative between the DRC and Zambia represents a real opportunity for economic development in the region. By promoting the use of clean and renewable energy, it will help reduce dependence on fossil fuels and fight climate change.
In addition, this project will have a positive impact on employment by creating new opportunities in the battery and electric vehicle sector. It will also promote research and technological development in the field of clean energy.
This announcement reinforces the efforts undertaken by many countries to accelerate the transition to more sustainable mobility. Electric cars are becoming more and more popular due to their low environmental impact and economic benefits.
In conclusion, the preliminary results of the feasibility study of the DRC-Zambia batteries and electric vehicles initiative suggest a promising future for the development of this industry in the region. With a significant investment, it is possible to create a solid infrastructure to capture a significant share of the battery and electric vehicle market. This project provides beneficial long-term economic and environmental prospects, while contributing to the global fight against climate change.