While e-mobility has the potential to transform cities across Africa, governments must set the tone with clear policies for the sector. E-mobility sector needs policy direction certaintyThis means policy direction that provides confidence for manufacturers, operators, financiers via stimulus packages and incentives, said Madikizela. “Manufacturers need policy certainty so they can adjust… financiers want policy certainty and the right type of incentives for the sector,” she said. Government must set the tone for the e-mobility transition to engender confidence in e-mobility technology, said Madikizela. “To encourage the production of electric vehicles in South Africa, government will introduce an investment allowance for new investments, beginning 1 March 2026.


Source:   The North Africa Journal
February 23, 2024 17:46 UTC