South Africa's automotive industry will likely produce its first electric vehicle (EV) in 2026, the trade minister said on Monday, as he outlined plans for the country's green transport transition.
The electrification of transport is one of the key pillars underpinning South Africa's Just Energy Transition (JET) plan for a low-carbon and climate-resilient economy.
The JET plan estimates that an investment of 128.1 billion rand ($6.84 billion) would be needed from 2023–2027 for the transport sector to contribute meaningfully to South Africa's decarbonisation commitments.
Full article HERE
(Source:Reuters)