The roadmap, developed by the Department of Trade and Industry, seek to promote the establishment of a domestic EVs industry. Thus, GHG emissions shall be mitigated and further investments and job creation in the automotive industry shall be promoted.
This aims to be achieved through a number of strategic interventions including but not limited to:
- demand stimulation;
- public education;
- investment support;
- accommodative regulatory framework.
Manufacturers producing a minimum of 5,000 volumes annually in South Africa were qualified for a 35% cash-back in investment incentive.