TC|Daily | Mercedes-Benz: 50% of our car sales in SA will be EVs by 2026

Loading player...
Despite the challenges in convincing South African drivers to ditch fossil fuel-powered vehicles for electric alternatives, Mercedes-Benz South Africa co-CEO Mark Raine predicts that more than half of the company’s car sales locally by the end of 2026 will be fully electric.
That’s just four years from now (plus a few months), yet Raine believes the South African luxury vehicle-buying market is ready for this massive shift. And he’s betting big on it, with Mercedes announcing four new EVs coming to local showrooms that it hopes will, umm, electrify fans of the badge.
Speaking on TC|Daily, TechCentral’s new technology show, Raine unpacked in an interview with Duncan McLeod what must happen in the coming years for EVs to take off in the same way they are expected to in markets like Europe and North America.
In the show, Raine chats about the state of the industry in South Africa following the Covid pandemic and last year’s riots in KwaZulu-Natal, as well as Mercedes’ investments locally, including in its flagship manufacturing plant in East London, which manufactures C-Class Mercedes-Benz vehicles for markets around the world.
In the show, Raine talks about:
• Why he believes the local market is ready to adopt EVs, despite concerns about load shedding, charging networks and range anxiety;
• Whether government is doing enough to encourage the uptake of EVs (spoiler: it’s not); and
• Whether we can expect Mercedes to build EVs in South Africa anytime soon.
He then takes TC|Daily viewers through the EV models that Mercedes is introducing in South Africa this year: the EQA, the EQB, the EQC and the top-of-the-line EQS.
If you haven't already subscribed to TechCentral's YouTube channel, please do so now. TC|Daily is also available on Spotify, Apple Podcasts, Google Podcasts and Pocket Casts.
13 Sep 2022 English South Africa Technology · Business

Other recent episodes

TCS | Piet le Roux on Sakeliga's fight with Icasa over BEE

Business group Sakeliga is taking Icasa to court over the 30% ownership rule for telecoms licensees, and its CEO, Piet le Roux, says the regulator has "clearly misunderstood" the law. In this episode of the TechCentral Show, Le Roux tells Duncan McLeod why Sakeliga has asked the high court in…
13 Nov 19 min

W&W | AA’s Bobby Ramagwede on a car industry running out of road

AA CEO Bobby Ramagwede tells Watts & Wheels that South Africa’s car manufacturing industry could be decimated within five years. Is South Africa’s car manufacturing industry running out of road? Automobile Association (AA) CEO Bobby Ramagwede thinks it might be. In this episode of Watts & Wheels, he tells William…
12 Nov 30 min

TCS | Pick n Pay fights back in online grocery wars

Pick n Pay will keep Smart Shopper Pro, its new paid loyalty tier, at its R99/month launch price "for a very extended period", says Vince Viviers, executive: innovation and digital transformation at the retailer. If the price does change, customers will be told well in advance, "so that there are…
11 Nov 27 min

TCS | Nomvuyiso Batyi on the battle over Sim registration

South Africa’s mobile operators want tougher Sim registration, but not on the terms communications regulator Icasa has proposed. Draft amendments to Icasa’s numbering plan regulations, published for comment last month, would require a fingerprint or face check against home affairs records for every new Sim, reactivation and Sim swap. Subscribers…
9 Nov 33 min

TCS+ | Old Mutual's Celiwe Ross on leading people through AI

AI is the defining technology of our era. At one extreme, it fuels fears of job losses, robot wars and computers ruling over human beings. At the other, it holds out hope: curing diseases such as cancer, bolstering global food security and even freeing people from the need to work…
6 Nov 36 min