Private Ghanaian company PKA Export and Import, has signed a memorandum of understanding (MoU) with Chinese firms Polyrocks and Sinovcle to establish an electric vehicle (EV) assembly plant in Ghana. The agreement was signed in Accra on Wednesday, August 20, 2025.
The MoU establishes a joint venture between PKA and the Chinese partners to assemble electric vehicles for the Ghanaian and West African markets. Prince Asare, Executive Chairman of PKA, said at the signing that the project, negotiated for over two years, is expected to change Ghana’s automobile industry. Construction of the plant is scheduled to begin before the end of 2025, with production targets of 5,000 vehicles annually in the first year, increasing to 20,000 units in subsequent years.
The project is projected to generate over 1,000 direct jobs and over 2,000 indirect jobs, introducing new electric vehicle technology in the West African region. It will include training programs for managers, technicians, and mechanics, with plans to license specialized electric vehicle repairers across Ghana. The project will also involve establishing charging stations and service centers, opening opportunities for private investment in the electric vehicle charging sector.
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Asare said Ghana was selected over other African countries after he presented Ghana’s investment climate and peaceful environment to the Chinese firms. He added that the project aligns with the government’s automobile development policy and will help boost foreign exchange earnings through exports. Zou Pinchun, Chairman of Sinovcle, said Ghana was chosen for the company’s first African factory because of its fast-growing economy and promising automobile market. He said the company hopes to contribute to improving local livelihoods while advancing green energy solutions.
Guo Ping, General Manager of Polyrocks, said the venture would not only assemble electric vehicles but also introduce new technologies, including solar-powered and hydrogen-powered cars. She added that the company intends to establish training schools, charging stations, and service centers to provide technical skills and long-term support for the industry. The partners expressed confidence that Ghana could, in the future, export electric vehicles to other markets, positioning the country as a strong player in Africa’s green automobile industry.
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