CleanTechnica•about 22 hours ago
CHARGE Calls On South African Finance Minister To Address EV Duties & Fund Renewable Charging Infrastructure In 2026 Budget
Key Takeaway
South Africa's potential policy shift to reduce EV costs and fund renewable charging infrastructure presents significant new demand and development opportunities for power sector stakeholders.
AI Summary
- •Zero Carbon Charge (CHARGE) urges the South African Finance Minister to align EV import duties with ICE vehicles and scrap the ad valorem tax on EVs in the 2026 Budget.
- •These proposed policy changes aim to reduce EV costs, stimulating adoption and consequently increasing electricity demand for charging.
- •CHARGE also advocates for dedicated funding for renewable charging infrastructure, signaling future development opportunities for IPPs and developers in the EV charging sector.
- •The initiative could accelerate South Africa's transition to electric mobility, creating new load profiles and infrastructure requirements for the power grid.
Topics
emissionsfinancingpolicysolarstoragewind
Article Content
Ahead of the South Africa 2026 Budget Speech on Wednesday, Zero Carbon Charge (CHARGE) has called on the South African Finance Minister Enoch Godongwana to align import duties on electric vehicles (EVs) with those applied to internal combustion engine (ICE) vehicles, scrap the ad valorem tax on EVs, and allocate ... [continued] The post CHARGE Calls On South African Finance Minister To Address EV Duties & Fund Renewable Charging Infrastructure In 2026 Budget appeared first on CleanTechnica .