Localisation at the heart of state’s policy approach to electric vehicles, says body

The government’s reluctance to countenance a “knee-jerk” reaction to demands for immediate automotive policy change to embrace electric vehicles suggests a desire to protect the localisation and employment values of existing policy, Renai Moothilal, director of the National Association of Automotive Component and Allied Manufacturers , said on Friday.

He said the SA Automotive Masterplan , launched in July 2021, already offers the same investment incentives to EV manufacturers and components suppliers as to those involved with internal combustion engines . While a few “tweaks” might help, he said the department of trade, industry & competition, which manages automotive policy, did not want to risk its underlying, long-term principles...

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Unroadworthy taxis impounded in GautengUnroadworthy taxis impounded in Gauteng Out of 58 vehicles, Tshwane Metro Police Department (TMPD) impounded 15 unroadworthy vehicles during an operation
Source: TheSAnews - 🏆 25. / 59 Read more »

1 suspected hijacker killed during shootout with police in Boksburg, 8 arrestedThe Hawks say the group had planned to hijack a truck and was intercepted by officers who spotted the alleged criminals' vehicles on the R554 highway in Boksburg on Friday. Hope the police did not sustain injuries. Well done to the good job
Source: ewnupdates - 🏆 30. / 53 Read more »