Electric vehicles, the key is in the name

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'As an investment case, you need look no further than Tesla – but don’t discount SA’s home-grown potential' - jmoyaha_ Moneyweb ElectricCars

Load shedding turned ‘Sweet 16’ in February – bittersweet, that is. Did we throw a party? Or do we still not want to acknowledge its existence? Another existence that seemed to go unnoticed until Pretoria was linked to it is that of electric vehicles . We were content debating naturally aspirated and turbo-charged combustion engines for decades – until we were suddenly confronted with climate change goals.

Read: Sibanye buys Brazil mines in R14.7bn battery metals push But even serial entrepreneurs are taking a stab at this. Yes, Agilitee may be a far cry from Tesla at this stage, but the effort remains noble and commendable. Let’s hope CEO Mandla Lamba can realise the long-term potential of what he started. Scooter is another example. Now you have brands such as Mercedes-Benz, Toyota and BMW all producing EV vehicles right within our own borders. Read: BMW to invest R4.

 

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