Electric vehicles seen as buffer against fuel shocks

Electric vehicles seen as buffer against fuel shocks

South Africa’s growing exposure to global oil price shocks has renewed calls for a faster transition to electric mobility. The Middle East conflict continues to threaten energy security and fuel price stability. The country remains heavily reliant on imported energy, with oil accounting for nearly 80% of energy imports, leaving consumers and businesses vulnerable to international disruptions. ‘More stable, predictable alternative’ Industry experts say electric vehicles (EVs) could provide...
Read More
en_USEnglish