VW South Africa looks to Asia, Latam as Europe shifts to EVs

To partner with India, Brazil for petrol, diesel carsWill import EVs for Africa till production can startSouth Africa unit aims to develop new markets for its petrol and diesel cars in Asia and Latin America, its managing director said, as Europe restricts sales as part of a shift to electric vehicles.

Martina Biene, Volkswagen South Africa's new managing director, told Reuters the company's manufacturing facilities in the country do not plan an immediate pivot to producing electric vehicles. Volkswagen South Africa produced over 129,000 vehicles last year along with more than 58,000 engines, mostly destined for exports.

nickhedley see this shift

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa: France, Germany Grant SA €600 Million JET Concessional FinancingSouth Africa, France and Germany have signed loan agreements for the two European nations to each extend €300 million in concessional financing to South Africa to support the country's efforts to reduce its reliance on coal through a just transition to cleaner energy sources.
Source: allafrica - 🏆 1. / 99 Read more »