South Africa’s automobile industry warned it is challenging to sell the country as an attractive investment destination, and internal combustion engine export bans are fast approaching.
The lack of government policy on electric vehicles in South Africa, combined with challenging local conditions, makes it difficult for manufacturers in the country to secure international investment.
However, the country’s rolling blackouts, debilitated rail and port services, and lack of clarity regarding state incentives hamstring vehicle manufacturers in South Africa.the Sunday Times that the corporate head offices for manufacturers with operations in the country are not waiting for the South African government to provide clear EV policies.
“We have a great level of concern related to what the future looks like in terms of South Africa’s ability to be an exporter of vehicles to these markets,” he said.
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