Auto sector gets insistent about policy certainty on new energy vehicles

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Auto manufacturers in South Africa are increasing the pressure on the government to finalise its policy on new energy vehicles (NEVs). Moneyweb ElectricCars RoyCokayne

Auto manufacturers in South Africa are increasing the pressure on the government to finalise its policy on new energy vehicles . Mikel Mabasa, CEO of automotive business council Naamsa, said on Thursday that plant decisions need to be taken three years before the start of production, which means that NEV plant decisions for the next generation NEVs “are taken now”.

Missed targets Minister of Trade, Industry and Competition Ebrahim Patel published a Green Paper in May 2021 on the advancement of NEVs in South Africa. The stated aim in the Green Paper was for the strategy to be finalised within 90 days following its gazetting, to allow the policy proposals to be submitted to cabinet for consideration by October 2021.

 

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