The announcement of a long-awaited electric vehicle policy by government is expected in early November.
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South Africa will provide fiscal support to the motoring industry to help it transition to producing electric vehicles.
The sale of electric vehicles in South Africa more than doubled year on year in the second quarter, albeit off a low base.
Not enough is being done to support the transition by South Africa’s motor manufacturing industry to electric vehicles.
The Automotive Business Council has recommended that government subsidise South Africans wanting to buy full electric vehicles to the tune of R80 000.
The Africa head of Ford said South Africa must deliver policy certainty on electric vehicles within six months to save its motor manufacturing industry.
Toyota is anticipating that the government will provide a support package to reduce the price of new-energy vehicles to make them more accessible.
Government and automotive original equipment manufacturers are working towards accelerating the development of manufacturing capabilities for new energy vehicles in South Africa.
BMW South Africa is to shut down its Rosslyn manufacturing plant in Pretoria for two weeks because of risks posed by Covid-19 and the resulting impact on demand for new vehicles.
The global shift towards electric mobility is creating significant challenges for South Africa’s automotive industry.