The transport sector is one of the sources of greenhouse gases and air pollution in the world and in Kazakhstan, which is largely powered by fossil fuels. Greenhouse gases lead to climate change, which has been recognised by the UN as one of the most serious problems of our time, bearing direct phys Contact online >>
The transport sector is one of the sources of greenhouse gases and air pollution in the world and in Kazakhstan, which is largely powered by fossil fuels. Greenhouse gases lead to climate change, which has been recognised by the UN as one of the most serious problems of our time, bearing direct physical risks and threats to ecosystems, infrastructure, human life and health.
In this regard, the reduction of carbon emissions in the transport sector is an important measure to reduce GHG emissions into the atmosphere and improve air quality.
At the global level, the transition to alternative modes of transport, namely EVs that do not produce carbon emissions, is gaining momentum. Various studies show that over the entire life cycle of an EV, including battery production, other manufacturing and end of life, feedstock & fuel, vehicle in-use, EVs generally produce lower emissions than conventional fuel vehicles.
In Kazakhstan, in recent years, the number of EVs has been growing rapidly, but the share of vehicles with electric fuel is still negligible – less than 1%. On the one hand, various measures are being introduced to encourage the transition to green transport, such as exemption from transport tax and recycling fees. On the other hand, there are still such constraining factors as the high initial cost of buying an electric car and underdeveloped infrastructure, including charging stations and specialised services.
At the same time, the business community and financial institutions of the country do not remain aloof from the global green transition. Companies are gradually replacing their vehicles with electric cars and electric buses, including those powered by their own renewable energy sources. Banks have begun issuing green car loans for the purchase of EVs.
However, for a more massive popularisation of EVs among the population and business, additional measures are required to increase solvent demand, develop the infrastructure of charging stations and services throughout the country, as well as develop domestic production of environmentally friendly vehicles.
One of the key tasks of the Astana International Financial Centre (AIFC) is to contribute to the sustainable economic growth of the country, including the transition to a low-carbon economy by attracting sustainable investment and creating a supporting financial ecosystem.
To increase the availability of EVs in the country, the Centre can provide services to support financial and other organisations in issuing green bonds and providing loans by developing the necessary documents and policies in the field of green finance and providing an independent evaluation.
Key View: Over the medium to long term, we expect more government support and increased regional EV production to support passenger EV sales in Kazakhstan. However, the country''s aged power grid and limited generation capacity will prove to be a tough challenge to overcome for most potential EV buyers. This could eventually shift the demand from passenger BEVs to passenger PHEVs. We believe that the increased availability of mild hybrid vehicles will also drag on Kazakhstan''s medium-term EV sales outlook.
BMI has a 40- year track record of supporting investors, risk managers and strategists. We help them identify opportunities and quantify risks in markets where reliable information is hard to find and difficult to interpret. This includes in-depth insight and data, and high frequency geopolitical risk indicators.
CreditSights enables credit market participants to manage financial risk better with independent credit research, global market insights, covenant analysis, and news, distilling market noise into actionable investment ideas.
dv01 provides true transparency in lending markets, and valuable intelligence on every consumer loan in the structured finance world, through a leading data intelligence platform.
Fitch Learning develops the future leaders of the financial services industry and drives collective business performance. We do this by utilizing a best-in-class technology platform and blended learning solutions that maintain the personal element of development.
We help credit, risk, and investment professionals make better-informed decisions and meet regulatory requirements, within and beyond the rated universe. We do this by providing differentiated perspectives and in-depth expertise through Fitch Credit Ratings, Fitch Ratings Credit Research, Fundamental Financial Data, and innovative datasets, all backed by transparent methodologies, accessible analysts, and workflow-enhancing analytical tools.
Sustainable Fitch delivers human-powered sustainability Ratings, Scores & Opinions, as well as Data & Research to serve the needs of fixed income investors. Our specialists uniquely deconstruct the complex issues of E, S, and G globally.
About Abkhazia electric vehicles evs
As the photovoltaic (PV) industry continues to evolve, advancements in Abkhazia electric vehicles evs have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Abkhazia electric vehicles evs for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Abkhazia electric vehicles evs featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
