The road to electric cars
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Cape Town - Eskom notwithstanding, the future of motoring is electric. Global manufacturers operating in South Africa are speeding up preparations for the mass introduction of electric modes of vehicles with renewed optimism.
But it will not be a smooth ride. In a briefing to the National Council of Provinces (NCOP) Select Committee on Trade and Industry, Economic Development, Small Business, Tourism, Employment and Labour, one of the challenges identified in the motoring sector is the country’s small market size, less than 0.6% of the global market.
Add to the mix the dearth of empowerment in the sector and the fact that fuel-driven cars are contributing to the destruction of the climate.
Sectoral Master Plans playing a vital role in reviving SA manufacturing iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
BEFORE Covid-19, the African auto-mobility market was expected to grow steadily because of economic stability, a rising middle class, investments in infrastructure, and strong automotive policies developed to incentivise manufacturers.