Volkswagen, Isuzu pour cold water on South Africa’s EV ambitions
- June 11, 2024
- Infrastructure
- 0 Comments
Volkswagen and Isuzu Motors have expressed skepticism about South Africa’s plans to develop electric and hydrogen-powered vehicle industries. While the government in February announced that automakers will be allowed to claim a 150% tax deduction on investment in facilities to make the vehicles, the local heads of both companies said they’ll stay focused on internal combustion engine vehicles.
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