Everything Counts | Ep 24: What are New Energy Vehicles? | EVs in South Africa

Investec Focus Radio SA

Everything Counts is a bi-weekly podcast series that dives into money and financial wellness, hosted by 702’s Motheo Khoaripe. Each episode unpacks practical aspects of personal finance; how to save, spend, invest and make smart decisions to boost your financial well-being.
In this episode, Motheo is joined by Winstone Jordaan (Grid Cars), Ndia Magadagela (Everlectric), Gresham Pillay (Volvo Cars South Africa), and Jenni Verschoor (Investec Sustainable Solutions) to chat about new energy vehicles in South Africa.
They cover the different types of new energy vehicles available, the costs involved, the range of an electric vehicle and whether South Africa has enough EV charging points.
They also go into the savings gained through a new energy vehicle, how to insure it and how to manage an electric vehicle amidst loadshedding and South Africa’s energy crisis.
If you’re thinking about getting a hybrid or electric car in South Africa and you want to know if it’s worth it, then this episode is full of expert advice and critical guidance.
00:00 Introduction
01:20 What are new energy vehicles?
03:00 What are the different types of new energy vehicles?
04:30 Tips to maximise electric car savings
05:15 Electric vehicles vs fuel vehicles
06:50 Consider your needs before buying an electric vehicle
07:30 Are there enough EV charging stations in South Africa?
10:00 Tips to get the most savings from your new energy vehicle
11:00 Range of an electric vehicle
14:45 Maintenance, insurance and long-term electric vehicle costs
18:00 Electric vehicle market: How much is an electric car in South Africa?
21:30 Financing a new energy vehicle and a charger
24:00 Dealing with loadshedding: Plan your EV charging times
25:50 Insuring a new energy vehicle
28:30 Tips to avoid electric vehicle theft
29:00 New energy vehicle trends
31:30 Conclusion Investec Focus Radio SA