The automotive industry's contribution to South Africa's GDP currently stands at 4,9%. But the country could lose its major export markets and face significant job losses in this sector if it does not accelerate its industrialisation transition strategy for electric vehicles (EVs).
In August 2019, the South Africa's minister of trade, industry and competition set the large auto-makers in South Africa a challenge: to help develop a roadmap for local production of electric vehicles. Various workstreams of the auto industry's Master Plan were launched shortly thereafter.
This was followed by the gazetting the draft policy green paper for public comment in May 2021, intended to develop a framework for a comprehensive and long-term automotive industry transformation plan to advance electric vehicle manufacture in South Africa.
This webinar extends a crucial public discourse to define what is needed to step up production of electric vehicles for both local use and export to key markets such as the UK and EU, as these trade partners have set targets to reduce vehicles powered by fossil fuels.