Fewer than 400 cars on South Africa's roads, out of a total vehicle population of more than 12 million, are fully electric - depriving the country of an opportunity to revive cash-strapped power utility Eskom. Energy and e-mobility experts believe a boom in the local electric car market could see Eskom sell the 30GW power surplus that is currently costing it millions. If every motorist on South Africa's roads turned from the petrol pump and purchased electric cars, Eskom would increase its sales volumes by 10%, said Carel Snyman, general manager for the cleaner mobility programme at the South African National Energy Development Institute. Eskom's sales are down 15%, and with the downturn in the economy and more consumers taking advantage of South Africa's sunny skies to generate solar power at home, national demand is in decline. With this dim outlook, policymakers should move quickly to make electric cars an attractive choice for motorists, Snyman said. "The world is moving away fr...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.