BMW Group South Africa CEO Peter van Binsbergen says the local automotive manufacturing industry is at a “crossroads”.
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South Africa and Europe could create an alternative value chain for EV batteries, BMW CEO Peter van Binsbergen said.
BMW is betting big on an EV future with the iX3, defying global headwinds, Chinese rivals and Tesla’s dominance.
South Africa’s automotive manufacturing industry is facing unprecedented headwinds.
From a starting price of R400 000 and going up to R15-million (or more), these are all the electric cars available for purchase in South Africa.
Tesla surpassed one of Germany’s most prized premium car brands last year, despite selling fewer vehicles than expected.
Drive Electric is a boutique car rental service for the “EV curious” in Gauteng and the Western Cape.
European car makers including BMW, Volkswagen and Mercedes-Benz face a moment of reckoning.
Europe’s plan to ban the sale of combustion-engine cars from 2035 will lead to a “massive shrinking” of its automotive industry, according to BMW CEO Oliver Zipse.
Last weekend, TechCentral participated in a four-day road trip across South Africa to test the feasibility of driving electric cars across our vast country.