The global move from internal combustion engines towards electric vehicles (EVs) presents a major opportunity for South African industrialisation, says President Cyril Ramaphosa. “This is a major industrialisation opportunity for South Africa and the region, particularly within the context of the African Continental Free Trade Area. https://t.co/hLewAKEp8f — Cyril Ramaphosa 🇿🇦 (@CyrilRamaphosa) October 17, 2024“The local automotive sector needs to position itself to take advantage of the demand for electric vehicles, new energy vehicles and sustainable fuels. Consideration must be given to incentives for manufacturers as well as tax rebates or subsidies for consumers to accelerate the uptake of electric vehicles. Source: SAnewsImage: Electric vehicles being showcased at the Electric Vehicle Road Trip Africa event in 2023 in Cape Town.

Source: The North Africa Journal October 18, 2024 22:02 UTC