SA’s submission to the Paris agreement on climate change says the country will have more than 2.9-million electric vehicles (EVs) on the road by 2050, with R6.5-trillion to be invested in the industry over the next four decades.

That is a significant sum of money for a country with failing parastatals, which include its electricity supplier, Eskom. This raises the question: is it practical for SA to commit to investing this amount in electric vehicles within the next four decades?

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now