President Cyril Ramaphosa recently announced government was considering consumer and manufacturer incentives to boost electric vehicles in South Africa. The country’s biggest representative for manufacturers already has a clear proposal on the table.
President Cyril Ramaphosa’s recent announcement that consumer and manufacturer incentives were on the cards for new energy vehicles could provide a big boost to electric vehicle sales in the coming years.
“It is also imperative that we remain part of this global supply chain. If we don’t, we will be left behind.” The organisation previously published its new energy vehicle roadmap discussion document in early 2023, detailing its recommendations on consumer and manufacturer incentives to promote local NEV growth.
Naamsa also wants original equipment manufacturers to get long-term duty-free access to the EMA region — which includes Europe and the United Kingdom — South Africa’s biggest vehicle export market.It also recommended the current 25% import duty on EVs from the EMA region to be reduced to the same 18% charged for ICE vehicle imports.
However, by reducing the import duty for vehicles produced in the EMA, it may may convince OEMs making EVs in those countries to bring more of their models to South Africa.
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