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SA to prioritise electric cars in climate action plans

SA identified three key priorities for climate action, including increased production of electric vehicles, President Cyril Ramaphosa said

oct 27 2021 5:49pm
mixed News : Mixed
Chamber webinar explores SA's readiness for electric vehicles

There is no future for the automotive industry without electric vehicles and Africa will be forced to switch due to policy, attitudes and technology adaptation.

oct 27 2021 5:49pm
business News : Mixed
President launches first hybrid Toyota vehicle produced in SA

President Cyril Ramaphosa has described the launch of the local production of the Corolla Cross as an important step to South Africas path to transform the car-making business into a green industry success story. It will take hard work but we must do it, the First Citizen told the delegates on Tuesday. The President was speaking at the unveiling of the brand new Toyota South Africa production plant in Durban, KwaZulu-Natal. The President has since labelled the first-ever Toyota hybrid car made on home soil as a fine achievement and historic moment. The Corolla Cross is the first generation of commercial-scale hybrid electric vehicles to come off a South African assembly line. According to the President, this was more than simply a new model coming off a production line. However, he said it was about the country embracing the opportunities of a greener economy, country and continent while ensuring that South Africa benefits. South Africa is currently one of only seven global locations for the production of this hybrid car, which he believes is a testament to the skilled, productive workforce and competitive plant. During the plant tour, I met workers who are passionate and committed and I saw the value of the skills programme the management has put in place. The President announced that the Corolla Cross will be exported to 40 countries across Africa, which will boost the African Continental Free Trade Area. I am advised that the company will seek to ramp up its projected 4 000 hybrid vehicles planned for next year if the availability of batteries improves. Meanwhile, the President views the R2.6 billion investment by Japanese multinational automotive manufacturer as a vote of confidence. In addition, he said Japan is a long-term and significant investor in the country, with about 130 companies operating locally, including Nissan, Isuzu and Sumitomo Rubber Industries. He also thanked the company for the relentless support following the unrest in the province in July. Companies who stand with the nation during difficult times are companies that we will support in the years to come. He also acknowledged the unsung heroes of daily production, the workers, for making excellent, safe vehicles that the rest of the world can drive with confidence. Jobs Toyota has created 575 new jobs in the plant and a further 1 200 new jobs have been created in the supplier companies. He said the auto industry is one of the drivers of our localisation programme and a significant contributor to gross domestic product, accounting for more than 100 000 jobs. It is a big magnet for foreign direct investment. He also revealed that the seven local light vehicle producers invested a record R9.2 billion in 2020, while the component sector invested R2.4 billion during the same period. Masterplan The President believes that these investments are made possible by an enabling policy regime in the form of the new version of the masterplan, the Automotive Production Development Programme, which came into effect in July 2021. Through the masterplan, government aims to grow the industry over a 15-year period to reach 1% of global production. In addition, the State is looking at increasing the local content of South African assembled vehicles to 60% from 40% and double employment to at least 224 000 jobs. The plan seeks to transform the industry across the value chain to bring in Black South Africans and young people and to deepen value addition, said the President. He added that Toyota was also looking at increasing the number of new local suppliers from the global supply chain, which is key in the Economic Reconstruction and Recovery Plan. I am advised that there are 56 local suppliers for this new model, of which 16 are Black-owned companies. President Ramaphosa believes that these efforts will contribute to the common goal agreed to at the National Economic Development and Labour Council to reduce the countrys overall import bill by R200 billion over the next five years. Climate action The President said South Africa has identified three key priorities for climate action. These include Eskom reducing its carbon emissions, electric vehicles to be locally produced, and the green hydrogen economy to be fast-tracked. Toyota South Africa CEO Andrew Kirby said the company has invested over R6.1 billion in the plant over the past five years. So, we"re therefore committed to further developing and strengthening our business in South Africa. According to Kirby, Toyota South Africa also plans to change the New-Energy vehicle (NEV) landscape in South Africa, from selling a few hundred to well over 10 000 units per year.

oct 27 2021 10:48am
Tesla Model 3 becomes first EV to top European monthly sales chart

Tesla's Model 3 topped European car sales in September, marking the first time an electric vehicle has done so in monthly charts, research group JATO Dynamics said on Monday

oct 25 2021 10:41pm
mixed News : Mixed
President Cyril Ramaphosa officiate first production run of Toyota hybrid vehicles made in South Africa, 26 Oct

President Cyril Ramaphosa will on Tuesday, 26 October 2021, visit the Toyota South Africa production plant in Durban, KwaZulu-Natal, to officiate the launch of the Toyota Cross Hybrid vehicle.The launch of the Cross Hybrid vehicle flows from Toyotas investment commitment made at the 2019 South Africa Investment Conference.This commitment now sees Toyota producing its first generation of hybrid electric vehicles on a South African assembly line. The vehicles will also be manufactured for export to 40 countries on the African continent.Governments South Africa Automotive Masterplan (SAAM) and Automotive Production and Development Programme have catalysed and enabled continued investment in local vehicle and components production.Guided by its Vision 2035, the South African Automotive Masterplan encompasses a globally competitive and transformed industry that actively contributes to the sustainable development of South Africas productive economy and creates prosperity for industry stakeholders and the broader society.The SAAM 2035 objectives include: production of 1% of global production projected to be 1.4 million units in 2035; expanding local content in vehicles assembled in South Africa to 60% from 40%; increasing employment; improving manufacturing competitiveness levels to that of leading competitor levels, and transforming the industry across the value chain in areas of identified opportunity and deepening value addition.The automotive sector has remained one of South Africas most investment-intensive industrial sectors with seven light-vehicle producers investing a record R9.2 billion in 2020 while the component sector attracted R2.4 billion during the same period.President Ramaphosa will tour the Toyota plant in Durban and officiate the launch of the Toyota Cross.The President will be accompanied by Minister Ebrahim Patel of Trade, Industry and Competition; Premier Sihle Zikalala of KwaZulu-Natal Province and Cllr Mxolisi Kaunda, Mayor of eThekwini Municipality.Members of the media are invited to follow the visit to Toyota South Africa Motors Plant on Presidency and government digital platforms as follows:Date: Tuesday, 26 October 2021Time: 11:00 13:30Media enquiries:Tyrone Seale, Acting Spokesperson to President RamaphosaEmail: [email protected]

oct 25 2021 5:51pm
event News : Govt
Big moves for Toyota SA

President Cyril Ramaphosa will on Tuesday visit the Toyota South Africa production plant in Durban, KwaZulu-Natal, to officiate the launch of the Toyota Cross Hybrid vehicle. He will be accompanied by Trade, Industry and Competition Minister, Ebrahim Patel, KwaZulu-Natal Premier Sihle Zikalala and the Mayor of eThekwini Municipality, Mxolisi Kaunda. The launch of the Cross Hybrid vehicle flows from Toyotas investment commitment made at the 2019 South Africa Investment Conference. In a statement on Monday, the Presidency said this commitment now sees Toyota producing its first generation of hybrid electric vehicles on a South African assembly line. The vehicles will also be manufactured for export to 40 countries on the African continent. Governments South Africa Automotive Masterplan (SAAM) and Automotive Production and Development Programme have catalysed and enabled continued investment in local vehicle and components production. Guided by its Vision 2035, the South African Automotive Masterplan encompasses a globally competitive and transformed industry that actively contributes to the sustainable development of South Africas productive economy and creates prosperity for industry stakeholders and the broader society, the statement read. The SAAM 2035 objectives include: production of 1% of global production projected to be 1.4 million units in 2035; expanding local content in vehicles assembled in South Africa to 60% from 40%; increasing employment; improving manufacturing competitiveness levels to that of leading competitor levels, and transforming the industry across the value chain in areas of identified opportunity and deepening value addition. The automotive sector has remained one of South Africas most investment-intensive industrial sectors with seven light-vehicle producers investing a record R9.2 billion in 2020, awhile the component sector attracted R2.4 billion during the same period.

oct 25 2021 5:51pm
Tesla looks to pave the way for Chinese battery makers to come to US

Tesla Inc wants to shift to a less expensive battery for its electric vehicles, but first needs to figure out how to overcome political tensions to get a Chinese partner to build the iron-based batteries near its US factories

oct 22 2021 10:12pm
mixed News : Mixed
Not everyone should drive a battery electric vehicle, says Toyota exec

Many people are passionate about climate change, but not everybody should drive a battery electric vehicle as a means to combat climate change, Toyota Motor Corp chief scientist Gill Pratt said on Thursday at the Reuters Events Automotive Summit

oct 22 2021 10:12pm
mixed News : Mixed
Foxconn sets sights on making EVs in Europe, India, Latin America

Taiwan tech giant Foxconn is looking at making electric vehicles in Europe, India and Latin America, including "indirectly" cooperating with German automakers, chairman Liu Young-way said on Wednesday

oct 20 2021 9:45pm
mixed News : Mixed
Ford to invest $316m to make EV parts at UK factory

Ford Motor Co will invest as much as 230m (roughly $316m or R4,643,967,600) to start making electric-vehicle components at an existing plant near Liverpool after the UK government pledged financial support

oct 18 2021 9:37pm
mixed News : Mixed