CRA Technology & Market Trends News
BY BLOOMBERG.COM AND PAUL VECCHIATTO
SA to prioritise electric cars in climate action plan including increased production of electric vehicles according to President Cyril Ramaphosa.
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SA identified three key priorities for climate action which also includes increased production of electric vehicles.
The state will also focus on reducing carbon emissions at state power utility Eskom and fast-tracking plans for a green-hydrogen economy, Ramaphosa said on Tuesday at a ceremony to mark the start of production of hybrid cars at a Toyota factory. The government has published a draft paper on a roadmap for increased production of fully electric vehicles which will be presented to potential investors, he said.
“We have called on international leaders to support SA’s efforts to green our economy and address our ambitious climate change goals through equally ambitious grants and funding support,” Ramaphosa said.
Toyota has started producing the new Corolla Cross, which has a combined internal combustion engine and electric motor, at its Prospecton plant in KwaZulu-Natal. The company could make 4,000 of the cars by 2025 if the availability of batteries increases, Ramaphosa said.
Bloomberg News. For more articles like this please visit Bloomberg.com
Picture: President Cyril Ramaphosa joins Toyota SA to celebrate the production of the new Corolla Cross ahead of its local media launch.
Image: Supplied
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Article Credit to Times LIVE Motoring.
What do you think of the production of electric vehicles in South Africa? Do you think the South African market is large enough to justify the production of electric vehicles in South Africa or should we rather focus on manufacturing for the overseas markets and by default get the benefit of locally produced electric vehicles? Let us know in the comments below. Also, if you found our content informative, do like it and share it with your friends.
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