According to Bloomberg, South Africa President Cyril Ramaphosa said that South Africa is considering launching relevant incentive measures to stimulate the country’s electric vehicles and hybrid vehicles, and consider providing tax refund or subsidy policies to consumers to promote promotion Electric vehicles and hybrid vehicles.
On October 17, Lamaguza stated at a car industry meeting in Cape Town, “This is not only to create a more environmentally friendly future, but also to ensure that South Africa maintains competitiveness in the global market, because many of us are many of us. The main trading partners are rapidly turning to electric vehicles.
In an interview, Vincent Magwenya, a spokesman for Rama Takaya, said, “At present, (the South African Government) is formulating incentive measures, we know that these projects must be completed as soon Place of important role “”
On the same day, the South African media Business Day quoted the BMW Motor South African CEO Peter Van Binsbergen as saying that South Africa needs to adopt multiple small measures to achieve the future of pure electric vehicles and introduce a broader new energy vehicle policy, including hybrid power for hybrid power Car policy. The newspaper stated that VAN Binsbergen and other industry executives hope that the government’s demand for the government in the European electric vehicle market will be included in the scope of the policy consideration.
In 2023, the total exports of South Africa’s automobile industry exceeded 271 billion Rand (about 15.3 billion US dollars). At present, the country’s automotive industry depends on the export business of the European Union, but the EU market is expected to gradually reduce demand for diesel and gasoline cars. In February this year, the South African government announced that if automakers invest in the construction of electric vehicle production facilities locally, they can apply for 150%of tax reduction and exemption. However, the South African government has not yet announced the specific details of the plan.
Earlier, a number of executives in the automotive industry complained that the South African government did nothing in the development of the domestic electric vehicle market. The country’s charging station network is underdeveloped and imposed 25%tariffs on imported electric vehicles, while no tariffs are imposed on some traditional cars.