SA to get its first electric taxis, but a shift to EVs in the taxi sector may hurt fiscus

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The taxi industry is massive and generates about R90 billion a year.

Taxi financier and insurer SA Taxi will soon trial electric taxis to assess their viability.

"We will be importing some electric taxis to assess their viability as the first step in what will likely be a medium- to long-term project," Terry Kier, SA Taxi's CEO said, in the company's integrated report this week. While there is a great deal of interest in electric vehicles and their ability to transform public transport, the excitement must be balanced against its viability given the complexities of the South African context, Kier said.

 

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