The future of Electric Vehicles in South Africa can go many ways in the near term. OEM’s like Ford South Africa confirm that car buyers are more than ready for Electric Vehicles (EVs). This is further backed by AutoTrader's 2020 EV Buyers Survey study. Naysayers will without fail mention Eskom. Load shedding and not having [...]
I recently came across an article that mentioned that Ford Global would be more than doubling its investment in electric and autonomous vehicles to $29 billion (R422bn) by 2025. That’s a BIG number! And only OEMs that lead the electric vehicle future will WIN! After reading the article I had a few questions, like: What [...]
In the recent HyperMobility virtual conference, I got to address the burning question: Is South Africa ready for future mobility? But ahead of me answering the question, We need to agree that it has become #MobilityUnusual especially now with the COVID_19 pandemic and lockdown and its effects on the automotive industry in South Africa. Let’s [...]
We recently ran a survey in partnership with Generation.e – South African electric vehicle (EV) Buyers Survey to gain insights into consumer perception, expectation, purchase intent, awareness and trust of electric vehicles (EV’s) in South Africa. The survey was hosted on AutoTrader's website, gathering over 3 100 responses from SA’s in-market car shoppers. AutoTrader and [...]
I recently took part in the Smarter Mobility Summit in partnership with Generation.e where I spoke about whether South Africa is ready for electric vehicles (EV) and I can safely say that we are almost there. Electric vehicles (EV) may soon overtake ICE vehicles – I know some may think that we are way behind [...]
As we gain momentum and start getting closer to an electric vehicle (EV) future, not only will the car buying consumer change, but the car dealership landscape will also evolve; with OEM’s potentially going direct to the consumer. What does this mean and how will this impact car dealerships in the future? We see that [...]
Used car sales data adds insight to the automotive industry. While used car sales in South Africa dwarfs new car sale, new car sales are an important feeder to the used car retail market place. I was recently joined by Mike Mabasa, Naamsa CEO, and Richard Rice, Kantar Business Development Director, to speak about the [...]
Car buying search behaviour has show a total of 401 million online searches for used cars (including electric cars) has took place last year (an all-time record and a 40% increase year-on-year). In addition, the average selling price of a used car in the last year was R289 312, an increase of R9 003 from [...]
Elon Musks Tesla has reached an astounding valuation of $100 billion after the electric car makers share price surged past $591.78 yesterday morning. This is the first time in history that a car maker has reached these heights in value. General Motors and Ford In fact, Tesla is now worth more than General Motors and [...]
Not enough is known by the South African consumer about the electric car or even the EV charging infrastructure. We are not as behind as we think we are. Investors in South Africa’s electric car future uYilo, (which means to create) is an organization that works with both private and public sectors to enable and [...]
