How Covid-19 is set to stall electric-vehicle uptake

How Covid-19 is set to stall electric-vehicle uptake

2020-08-11 12:21:00 AM

How Covid-19 is set to stall electric-vehicle uptake

Lower fuel prices could delay switch, while there has been a renewed demand for private cars in China amid contagion fears

10 August 2020 - 19:30David FurlongerCost-cutting and survival measures driven by Covid-19 are likely to lead to more mergers and acquisitions in the global motor industry and encourage it to focus less on expensive new technologies in the short-term and more on operational efficiencies.

I am too old and vulnerable for jail: Mdluli EXCLUSIVE: How the City of Joburg blew R80m in two weeks Action SA application to register as political party rejected

A new report by consultancy firm KPMG says the pandemic is likely to delay parts of the industry's long-term transformation. For example, it says lower oil prices have reduced ownership costs of cars powered by traditional petrol and diesel engines and slowed demand for electric vehicles (EVs).

BPremiumThis article is reserved for our subscribers.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Read more: Business Day »

All Things Equal | Thandi Ntuli | 20 August 2020

In a country that has produced iconic jazz maestros – Thandi Ntuli stands out as one of the most celebrated contemporary jazz musicians of her generation.

New Zealand marks 100 days since last Covid-19 transmissionNew Zealand on Sunday marked 100 days since it stamped out the spread of the coronavirus, a rare bright spot in a world that continues to be ravaged by the disease.

COVID-19: Net closing in on those involved in tender, fraud irregularitiesIn Gauteng alone, more than160 companies are now being investigated for irregular tenders relating to personal protective equipment.

COVID-19 LIVE UPDATES | Gauteng suspends official involved in irregular awarding of PPE contractsThe net is closing on crooked officials and companies suspected of defrauding the Gauteng health department of hundreds of millions of rands by inflating the prices of personal protective equipment (PPE) and other Covid-19-related goods.

Mangosuthu Buthelezi 'self-isolating at home' after contracting Covid-19IFP founder and former leader Mangosuthu Buthelezi has become the latest political figure to test positive for the coronavirus.

COVID-19 Education Crisis Committee calls for schools to shut downThe committee says it will continue to mobilise and intensify its protest action against the reopening of schools.

EXPLAINER | Son reveals strain of arranging Covid-19 funeralMark Steenbok's dad died of Covid-19 over the weekend. He explains what it takes to arrange a funeral in the midst of a global pandemic.