Study launched into economic impact of possible EV transition in South Africa

A macroeconomic study into the impact of a possible transition in the South African transport market from internal combustion engine (ICE) vehicles to electric vehicles (EVs) has been launched. Initially proposed by the Department of Trade and Industry (DTI), the study is backed by the South African National Energy Development Institute, the United Nations Industrial Development Organisation (UNIDO), the World Wide Fund for Nature and the Global Environment Facility.