DAVID FURLONGER: Never say NEVer

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Car Car Headlines News

The motor industry must dream big on its future, says Naamsa

Can South Africa really transform itself from an electric vehicle wasteland into a model global citizen in three years?

How will they get there? Transforming the local vehicle manufacturing and buying landscape is a huge ask. How huge is made clear in a discussion document published by Naamsa this week.the motor industry will spend $515bn by 2030 to move away from petrol- and diesel-driven internal combustion engines . The shift may not be absolute; among various emissions-free fuel solutions, including hydrogen, scientists are trying to create ICE-friendly, carbon-neutral substitutes.

What no-one makes here yet is battery-electric vehicles , which are wholly reliant on plug-in charging. Many developed countries are going flat-out for this technology. South Africa, however, is certain to lean on hybrids in the short to medium term. In the next few years, Naamsa and the DTIC expect them to account for at least half of South African EV sales.

Some shrivelling is already happening — though not related directly to the ICE-NEV divide. Under the original terms of the government’s 2021-2035 South African Automotive Master Plan, the industry set out to more than double 2019 vehicle production of 632,000, to 1.4-million. But that’s only if the stations draw power from Eskom — a nightmare scenario for EV owners. Throw in renewable energy, such as solar or wind, and the total bill could almost treble, to R90bn.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in CAR

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.

DAVID FURLONGER: Never say NEVerThe motor industry must dream big on its future, says Naamsa
Source: FinancialMail - 🏆 20. / 63 Read more »

Motor industry alarmed by lack of spark on electric vehicle policyNaamsa calls urgent meeting on how SA should move forward with or without government support
Source: BDliveSA - 🏆 12. / 63 Read more »