Songs joy mukherjee4/5/2023 The government issued an Automotive Masterplan in 2018 to help local makers achieve 1% of global production, increase the use of local materials to 60% from 39% and raise employment, among other objectives. "There is a commitment to conclude this matter soon," it said. South Africa's trade and industry ministry said it had previously indicated a policy paper would be out by November 2021 but the deadline could not be met due to "variety of issues". "We need policy certainty, literally, within the next six month period," Neale Hill, President of Ford Motor Company in Africa, told Reuters in an interview on Friday. But with Britain planning to ban sales of new petrol and diesel cars from 2030 and the European Union in 2035, the local industry risks losing thousands of jobs and billions in revenue in the absence of a government plan for EVs.
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