Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

SA: Govt on track with electric car roadmap

Government is reviewing public input with regards to its Electronic Vehicle Industry Roadmap.

The Department of Trade and Industry hopes to present its revised version of the Electronic Vehicle Industry Roadmap by October.

The Department of Trade and Industry hopes to present its revised version of the Electronic Vehicle Industry Roadmap by October.
The Department of Trade and Industry (DTI) is reviewing public input in response to plans it announced in May to incentivise local car manufacturers to produce electric cars, under a scheme called the Electronic Vehicle Industry Roadmap.

DTI spokesperson Sidwell Medupe says he is unable to elaborate on the details of the public comment received, or specify what concerns were raised. He notes the department hopes to present the revised version of the roadmap in time for the Johannesburg Motor Show, which takes places from 18 October.

Government introduced incentives in the mid-1990s for car-makers that invest in the local industry, and the incentive for electric car manufacturing is set to be an add-on to the existing programme.
Click here

In 1995, government introduced the Motor Industry Development Programme (MIDP) – an extensive support scheme to develop a sustainable and globally competitive automotive industry. The current MIDP will be replaced this year by the Automotive Production Development Programme, expected to remain in place until 2020.

Automotive companies can already get 20% back on their investment in car manufacturing, which includes things such as the manufacturing plant, machinery, etc. This can be increased to 30% if a manufacturer raises the bar on additional aspects such as job creation, and an extra 5% will be added if a company expands into electric car production.
More itweb.co.za

Share

Leave a Reply