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South Africa needs to regulate swiftly to spur demand for electric vehicles , the co-CEO of the local unit of Mercedes-Benz said on Wednesday, as the country's automotive industry risks being...
South Africa needs to regulate swiftly to spur demand for electric vehicles (EVs), the co-CEO of the local unit of Mercedes-Benz said on Wednesday, as the country's automotive industry risks being irrelevant to the global market. For South Africa as a whole, three quarters of its vehicle production is exported. The luxury carmaker Mercedes-Benz exports 90% of its total South African output, primarily to Europe, which plans to ban sales of new petrol and diesel cars from 2035.
The pilot, run in partnership between City of Cape Town and NPO GreenCape, provides a strong business case for electric vehicle fleets.
Hoping for an announcement in the mid-term budget on 1 November around 'huge opportunity' for auto sector, mining industy and in the beneficiation of metals for batteries for these vehicles.
Government dragging its feet while Eqypt, Ethiopia already have EV policy