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Global demand set to rise 40% by 2040, but supply remains under strain. China dominates the processing of many critical minerals.

The Minister of State for Energy and Mineral Development Okaasai Opolot, says the shift to electric vehicles that has been championed by Kiira Motors has proved beyond doubt that it is cheaper to use electric vehicles than fuel-based ones.

URN has learned that several agencies and individuals are considering the importation of Electric Vehicles but they cannot because there is no standard on what type of charging stations be imported.

An increase in sales is attributed to conducive policies in Europe and China, while high prices have made them unaffordable in developing countries.