Well, we can’t get the Tesla Model Y in South Africa, but the good news is the Volvo EX30 is coming to South Africa as one of the launch markets around the world. Volvo South Africa has announced that South Africans can now order the EX30, and pricing for the compact SUV will start from R775,900 . This is an awesome development.
Volvo is really stepping it up a notch in South Africa. Just last week, Volvo launched the C40 in the South African market. The C40 starts from R1,285,000 . This falls into the same price bracket as several BEV models already in South Africa, such as the BMW iX1. The South African BEV landscape has been traditionally characterized by the premium models from the likes of Mercedes-Benz, BMW, Audi, and Volvo — electric vehicles that start from well over R1 million .
The Volvo EX30 will play a big role in helping to catalyze the growth of BEV sales in South Africa. The South African market desperately needs more BEV models. In the first four months of 2022, 138 battery-electric vehicles were sold in South Africa. Now, one year later, sales of battery-electric vehicles have doubled over the same period. 284 battery-electric vehicles were sold in South Africa from January to April of this year, representing a 105.
In the overall market, 175,678 units of domestic vehicle sales were recorded from January to April 2023, an increase of 2,291 units or 1.3% compared to the same period last year. The 284 battery-electric vehicles sold during that period means that BEVs are still only 0.16% of sales in South Africa. Another BEV from Volvo, the XC40, topped the BEV sales charts in South Africa in Q1 of this year.
Source: Financial Digest (financialdigest.net)
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