- WesBank publishes sustainable mobility report on NEVs.
- Covers global trends and South Africa’s progress.
- Examines batteries, charging and ownership costs.
- Looks at local manufacturing and export opportunities.
- Full report available as a PDF download.
Industry professionals, manufacturers and fleet operators are the intended readers of a new document on sustainable mobility published by WesBank. It looks at how New Energy Vehicles (NEVs) are changing the transport landscape and what is shaping the move to cleaner transport.
The study places global market trends alongside South Africa’s progress, giving readers both international and local context for the shift towards electric and alternative-energy vehicles.
What the WesBank NEV report covers
Electric vehicle adoption forms a central part of the document. It also examines battery technology and the state of charging infrastructure, two areas that influence how quickly motorists and businesses take up new energy vehicles.
Vehicle ownership costs are covered as well, along with the government policies that affect the transition. Together these sections set out the practical and regulatory factors behind the change.
Manufacturing and exports in South Africa
Beyond the vehicles themselves, the report considers the opportunities for local manufacturing and exports within South Africa’s automotive industry. This puts the NEV shift in the context of the country’s vehicle production and trade.
Skills, investment and financing for NEVs
Supporting the transition will take more than new models and chargers. The publication highlights the skills, investment and financing solutions needed to move towards sustainable mobility, an area where a vehicle finance provider such as WesBank has a direct interest.
According to the document, its insights are aimed at a broad audience. Alongside manufacturers and fleet operators, it is intended for anyone interested in the future of electric and alternative-energy vehicles.
How to download the sustainable mobility report
Titled Sustainable Mobility: Navigating the New Energy Vehicle (NEV) Transition, the full report can be accessed by clicking on the PDF icon to download the complete document.
Supplied by MotorPress (WesBank)
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