Motoring industry on tenterhooks with EV policy imminent

The policy needed to govern the transition to electric vehicles in South Africa is so urgent it should have been made yesterday, according to the speakers at a panel discussion at the annualPanellist Martine Biene, Volkswagen Group South Africa’s chair and MD, tried to put a positive spin on the country being left behind in the EV race, saying that a benefit of coming “late to the party” is that South Africa can learn from others’ mistakes.

South Africa has nickel, manganese and cobalt, all of which are needed for the process, and Zimbabwe has lithium, so some of the key components are already present. Finance minister Enoch Godongwana is expected to announce the NEV policy in his medium-term budget on 1 November. That, said Mercedes-Benz South Africa CEO, will be like “Christmas, Easter and my birthday all in one”.

“As an industry reliant on exports to markets like Europe, which has shifted away from ICE vehicles, we have to be able to adapt and meet the stringent demands to continue delivering vehicles there and similar markets,” said Automotive Business Council/Naamsa president and Isuzu Motors South Africa CEO Billy Tom.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Industry advisors to government upbeat about new energy vehicle policyHoping for an announcement in the mid-term budget on 1 November around 'huge opportunity' for auto sector, mining industy and in the beneficiation of metals for batteries for these vehicles.
แหล่ง: Moneyweb - 🏆 5. / 77 อ่านเพิ่มเติม »