South Africa Introduces Tax Incentives to Encourage Local Production of Electric Vehicles

CleanTechnica
By Remeredzai Joseph KuhudzaiJan 9, 2025, 6:38 pm145 ptsTrending
There are calls for wider incentives, including the reduction of import duties levied on EV imports, in South Africa. The automobile manufacturing sector is a critical pillar of South Africa’s economy. The country’s automotive industry contributes 5.3% to GDP (3.2% manufacturing and 2.1% retail). In 2023,…

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