This discussion paper contributes to the ongoing discussion on the just transition toward decarbonization and climate finance by focusing on E-mobility. It builds on a paper from the Sustainable Mobility for All Partnership, with the Climate Compatible Growth and High Volume Transport Programmes, launched at COP26 in 2021. That paper examined the E-mobility model from the perspective of countries in the Global South. This paper focuses on a subset of countries in the Global South—African LICs—and re-examines the E-mobility question, considering recent evidence, including: A review of the academic and gray literature related to E-mobility, energy, policy, and finance. Twenty-two interviews with key transport stakeholders representing African private sector operators, international experts and development organizations, representatives of financial institutions, and academics and others. The findings of these interviews informed this discussion document. Data from ad hoc surveys with 25 national and local representatives who attended the UNEP ‘Regional Africa Forum for Action—Inclusive and Active Mobility in a Changing Climate’ held on 7–9 July 2022 in Kigali, Rwanda.