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South Africa needs to kick-start electric vehicle production – or risk losing billions in exports.

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South Africa’s manufacturing sector needs to start producing and selling more electric vehicles (EVs), or risk losing out on billions of rands in exports, says the National Association of Automobile Manufacturers of South Africa (Naamsa).

Mike Mabasa, the chief executive officer of Naamsa, said that the push toward manufacturing electric vehicles was the most important recommendation put forward by a trade and industrial policy strategies report compiled for the Department of Trade, Industry and Competition.
5 Jul 2022 3AM English South Africa Business News · Investing

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