The South African EV subsidies recommended by Naamsa will be reviewed periodically and adjusted based on NEV cost competitiveness changes over time relative to ICE vehicles.
In the paper, naamsa notes that the South African National Greenhouse Gas Inventory shows that the transport sector is the fastest growing source of greenhouse gas emissions, accounting for around 10.8% of national GHG emissions and that direct emissions from the road sector account for most of that, mainly from the combustion of petrol and diesel.
Ensure that the manufacturing base in SA is protected, strengthened, and retained, given that the country is at risk of losing more than 50% of its production volume from July 2025 to 2035 The report also says that in addition to the above, the auto industry is prepared to match the purchasing subsidy from government for the different NEV categories in order to narrow the price differential between NEVs and ICE vehicles further to stimulate an accelerated off-take of NEVs in the country.
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