Day: August 5, 2022

Interest in electric cars surges in South Africa as petrol price rockets

Data from South African vehicle classifieds website AutoTrader shows that potential car buyers are increasingly interested in buying second-hand electric vehicles (EVs).

That is despite the country’s significant electricity challenges spurring fears about being unable to charge EVs during load-shedding.

South Africa has seen its most severe load-shedding ever in 2022 since Eskom first implemented rotational power cuts in 2008.

By July, 2022 had already surpassed 2021 as South Africa’s worst-ever year for load-shedding.

This year has also seen fuel prices in South Africa soar to their highest levels, driven by crude oil shortages caused by the war in Ukraine.

According to the 2022 AutoTrader Mid-Year Industry Report, searches for EVs were up 134% year-on-year between January and June.

“Interest in new energy cars is also being fuelled locally, helped in good measure by the introduction of several new EVs domestically and the launch of the first

Read More