Volkswagen and Isuzu have expressed scepticism about South Africa’s plans to develop an EV industry.
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Stellantis is considering expanding into the production of new-energy vehicles in South Africa, its local MD said.
Volkswagen’s top executive in South Africa said uncertainty about power supply is limiting its ability to expand.
V2G charging lets EV owners charge at overnight off-peak rates then sell power back to grids at a profit during peak hours.
For German luxury car makers, being first to fail is proving valuable when it comes to electric vehicles.
Chinese rivals and Tesla are exposing competitive weaknesses at Europe’s biggest mass-market car makers.
Volkswagen said its battery start-up has seen promising results with solid-state cells for electric vehicles.
The shift away from cars with dirty combustion engines is running into a new hurdle, and it could cost the industry billions.
Electrified vehicles accounted for over 47.6% of all new passenger car registrations in the EU as of November.
Huawei has asked German car makers if they want to buy into its smart-car software and components firm, sources said.