Automotive 2022: The road to EVs examines the country’s new-vehicle market

examines the country’s new-vehicle market and developments in the sector in terms of manufacturing and investment by the major OEMs

barriers that prevent many of them from even getting past the initial stages of exploration

It explores key developments

with a shift in the demand structure of steel-using sectors

This report is a summary of information published in Engineering News and Mining Weekly

Automotive 2022: The road to EVs examines the country’s new-vehicle marketSouth Africas automotive industry expects that Covid 19 will continue to have significant impacts on the economy and the industry in 2022. Growth will be impacted on by upward movement in interest rates and fuel prices, particularly for passenger car sales, more so than for commercial vehicles. However, the industry is poised for any opportunities that may arise as businesses adapt to a changing environment. Indeed, the automotive industry is poised