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How Electric Vehicles Are Transforming Transport in Developing Countries

by The World Economic Forum
August 1, 2026
in Business, Environment, Finance
Reading Time: 3 mins read
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How Electric Vehicles Are Transforming Transport in Developing Countries
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Electric vehicles are often viewed as a technology reserved for wealthy nations, but new analysis suggests this perception is rapidly becoming outdated. Research supported by the World Bank shows that EV adoption in developing countries is not only feasible — it is increasingly economically advantageous, especially for public transport systems and the millions who rely on two‑ and three‑wheelers for daily mobility.

A turning point for emerging economies

Transport already accounts for around 20% of global greenhouse gas emissions, and this share is rising fastest in developing cities as populations grow and mobility demand accelerates. Without a shift toward cleaner transport, these countries risk locking in decades of additional emissions at a time when climate pressures are intensifying.

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The World Bank’s review of 20 developing countries finds that EVs — particularly buses and smaller vehicles — now offer a compelling economic case. Falling battery prices, lower operating costs, and the high mileage typical of public transport fleets make electrification increasingly attractive.

Where EVs deliver the biggest impact

Electric buses

Electric buses stand out as one of the most cost‑effective solutions for emerging markets. Their predictable routes, centralized charging, and heavy daily usage mean operators can quickly recover upfront investment through lower fuel and maintenance costs. For cities struggling with congestion and pollution, e‑buses offer immediate air‑quality benefits.

Two‑ and three‑wheelers

In many developing countries, motorcycles, scooters, and tuk‑tuks are the backbone of urban mobility. Electric versions of these vehicles are already price‑competitive, easier to maintain, and well‑suited for last‑mile transport and delivery services. Their rapid adoption could transform mobility for millions while reducing noise and air pollution.

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Development benefits beyond emissions

The shift to EVs supports broader development goals:

  • Cleaner air in megacities where pollution contributes to millions of premature deaths each year.
  • Energy security, reducing dependence on volatile oil markets that disproportionately affect low‑income households.
  • Improved mobility access, especially in remote or underserved areas where electric bikes and scooters can connect people to jobs, schools, and essential services.

Examples from around the world

Several countries are already demonstrating what EV adoption can look like at scale:

  • Dakar, Senegal is rolling out electric bus rapid transit corridors to improve mobility and cut emissions.
  • India plans to procure 50,000 electric buses over the next decade, one of the largest such initiatives globally.
  • Bogotá, Colombia is piloting electric cargo bikes to support cleaner last‑mile delivery.
  • Santiago, Chile already operates 800 electric buses, with 1,000 more on the way as part of its 2050 carbon‑neutrality strategy.

These examples show that EV adoption is not a distant aspiration — it is already happening across the developing world.

A practical path forward

The message is clear: electric vehicles are no longer a luxury reserved for advanced economies. For developing countries, they represent a practical, scalable, and economically sound solution to improve mobility, strengthen energy resilience, and reduce emissions. As costs continue to fall and technology improves, EVs — especially buses and two‑/three‑wheelers — are poised to play a central role in building cleaner, healthier, and more inclusive cities.

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