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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 Africaâs automotive industry to meet some of the targets agreed in the Automotive Masterplan if it does not incorporate the recent changes that have occurred.
Focus turns to local car manufacturing as world pivots to EVs
techcentral.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcentral.co.za Daily Mail and Mail on Sunday newspapers.
SA vehicle manufacturers want Automotive Masterplan reviewed
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