of Ford Motor Co said the South African government must deliver policy certainty on electric vehicles within six months to save its automotive industry.
But with Britain planning to ban sales of new petrol and diesel cars from 2030 and the European Union in 2035, the local industry risks losing thousands of jobs and billions in revenue in the absence of a government plan for EVs.“We need policy certainty, literally, within the next six-month period,” Neale Hill, president of Ford in Africa, said in an interview on Friday.
Ford in March boosted its spending on EVs to US$50-billion through to 2026 as the Dearborn, Michigan-based company tries to catch up with Germany’s Volkswagen and industry leader Tesla.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ReutersAfrica - 🏆 31. / 53 Read more »