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Financial Personal

EV Tax Break May Lure China to $27 Billion South Africa Industry

South Africa is poised for Chinese investment in its $27 billion automotive industry after the president signed a tax break for the production of so-called new-energy vehicles into law.

By: financialpost.com
  • Jan 03 2025
  • 60
  • 10093 Views
EV Tax Break May Lure China to $27 Billion South Africa Industry
EV Tax Break May Lure China to $27 Billion South Africa Industry
(Bloomberg) — South Africa is poised for Chinese investment in its $27 billion automotive industry after the president signed a tax break for the production of so-called new-energy vehicles into law. Read More

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Belkin Boosts CES 2025 Lineup With New Audio Concepts, Content Creator Tools, and Premium Charging Solutions Made With Up to 90% Recycled Materials
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