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The masterplan will be implemented from July 1 but global trends in the automotive industry have been accelerated by Covid-19, including several countries bringing forward the date from which internal combustion engine vehicles will be banned, resulting in global OEMs deciding to speed up the implementation of their electromobility strategies.
Naamsa CEO Mikel Mabasa told Moneyweb last month that it will be impossible for South Africa’s automotive industry to meet some of the targets agreed in the Automotive Masterplan if it does not incorporate the recent changes that have occurred.

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