LETTER: SA automotive masterplan must include electric vehicles
It is hard to see how Naacam can achieve 1% of global vehicle output by 2035 without significant investment
Business Day reports that the cabinet has adopted the SA automotive masterplan, under which SA will achieve 1% of global vehicle production by 2035 (State must deliver ‘full-scale and focused’ automotive masterplan (https://www.businesslive.co.za/bd/national/2019-06-23-state-must-deliver-full-scale-and-focused-automotive-masterplan/), June 23).
The Electric Vehicle Outlook 2019 published by Bloomberg New Energy Finance (BNEF) predicts electric vehicles will make up 57% of all new passenger vehicle sales in 2040. BNEF suggests global sales of conventional internal combustion passenger cars may already have peaked. If so, there will be surplus manufacturing capacity for petrol and diesel-driven vehicles worldwide soon...
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