Saturday, 5 July, 2025

EVs Gain Ground in South Africa Despite Higher Initial Costs

Electric vehicles are gaining traction in South Africa as a cleaner, cost-effective alternative to petrol cars. Though pricier upfront, EVs offer lower running and maintenance costs, especially when charged at home or via solar. With rising fuel prices and eco concerns, Investec notes growing interest in EVs, hybrids, and plug-ins as battery tech and policies evolve.