If we look at Australia, a market where BEV sales have also been slow and are now showing signs of traction, the market shows that South Africa should really be further along
Sales of battery-electric vehicles breached the 500 units per year mark in South Africa for the first time ever. Last year, 502 BEVs were sold in South Africa, up from 218 in 2021. With only 1024 BEVs sold since 2018, its clear to see that sales of BEVs have been slow in South Africa compared to similar auto markets around the world. This is due to the limited variety of BEV models in the country, coupled with the high import duties and taxes levied on electric vehicles.
That being said, if we look at Australia, a market where BEV sales have also been slow and are now showing signs of traction, the market shows that South Africa should really be further along compared to where it is now even under the current environment. For a long time, Australia also didn’t offer much in terms of incentives or policy compared to other countries in the developed world such as those in Europe, China, and the US.
Let’s take a closer look at both Australia and South African auto markets in terms of annual vehicle sales. In 2022, just over 1 million vehicles , were sold in Australia. In South Africa, just about half of that were sold in 2022 . Looking at some of the common vehicles in the top of the sales charts in both countries, the Toyota Hilux pickup was the top selling vehicle in Australia, selling 64,391 units in 2022.
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