The announcement of a long-awaited electric vehicle policy by government is expected in early November.
Browsing: Mark Raine
Despite intense lobbying by South Africa’s motoring industry, government has so far refused to budge on the high import duties it imposes on electric vehicles.
South Africa is the only major market in the world that levies higher import taxes on EVs than on petrol-powered cars, says Mercedes-Benz’s Mark Raine.
Mercedes-Benz South Africa co-CEO Mark Raine predicts in this episode of TC|Daily that more than half of the company’s car sales locally by the end of 2026 will be full electrics.