2025 kicked off with promising milestones for EV adoption in South Africa, including:
✅ President Ramaphosa signed a law introducing a 150% tax deduction for buildings and equipment primarily used in manufacturing electric and hydrogen-powered vehicles.
✅ The 2024 National Budget allocated R964 million over three years to support the transition to EV production.
✅ EV sales in South Africa reached 1,079 units in the first three quarters of 2024, a significant increase from 720 units during the same period in 2023.
✅ Chinese EV manufacturer BYD plans to introduce 10 to 11 EVs and hybrids to the South African market, including the Dolphin Mini, priced under R350,000, which could be a game-changer as a budget-friendly competitor to petrol cars.
Zimi Charge welcomes these developments as vital steps toward accelerating South Africa’s transition to a sustainable EV future.