Mercedes-Benz CEO Mark Raine: 50% of our car sales in SA will be EVs by 2026

--:--
Despite the challenges in convincing South African drivers to ditch fossil fuel-powered vehicles for electric alternatives, Mercedes-Benz South Africa co-CEO Mark Raine predicts that more than half of the company’s car sales locally by the end of 2026 will be fully electric.
That’s just four years from now (plus a few months), yet Raine believes the South African luxury vehicle-buying market is ready for this massive shift. And he’s betting big on it, with Mercedes announcing four new EVs coming to local showrooms that it hopes will, umm, electrify fans of the badge.
Speaking on TC|Daily, TechCentral’s new technology show, Raine unpacked in an interview with Duncan McLeod what must happen in the coming years for EVs to take off in the same way they are expected to in markets like Europe and North America.
In the show, Raine chats about the state of the industry in South Africa following the Covid pandemic and last year’s riots in KwaZulu-Natal, as well as Mercedes’ investments locally, including in its flagship manufacturing plant in East London, which manufactures C-Class Mercedes-Benz vehicles for markets around the world.
In the show, Raine talks about:
• Why he believes the local market is ready to adopt EVs, despite concerns about load shedding, charging networks and range anxiety;
• Whether government is doing enough to encourage the uptake of EVs (spoiler: it’s not); and
• Whether we can expect Mercedes to build EVs in South Africa anytime soon.
He then takes TC|Daily viewers through the EV models that Mercedes is introducing in South Africa this year: the EQA, the EQB, the EQC and the top-of-the-line EQS.
If you haven't already subscribed to TechCentral's YouTube channel, please do so now. TC|Daily is also available on Spotify, Apple Podcasts, Google Podcasts and Pocket Casts.
13 Sep 2022 2PM English South Africa Technology · Business

Other recent episodes

Meet the CHIPendales - South Africa's biohacker duo

In this special episode of the TechCentral Show (TCS) – presented by MTN Business – Duncan McLeod chats to two South African biohackers, Daniel de Kock and Jarryd Bekker, about why they have voluntarily installed microchips in their bodies. Respectively the chief technology officer and CEO of Riot Network –…
17 Apr 9AM 44 min

From Namibian start-up to regional powerhouse: the rapid rise of Paratus

Paratus Group is rapidly emerging as a major player in the telecommunications industry in Southern Africa. But who’s behind Paratus, and what’s its history? From landing Google’s Equiano subsea cable in Swakopmund and building a new fibre route between South Africa and Namibia – providing a new data corridor between…
21 Mar 5AM 32 min

The internet revolution happening in Olievenhoutbosch

A dusty township in Gauteng is the site of a South African-developed mesh network that could change everything. Read the full story at https://techcentral.co.za/internet-revolution-in-olievenhoutbosch/241698/
20 Mar 10AM 1 hour

Pretoria firm Hydrox Holdings in global hydrogen ‘breakthrough’

South African firm Hydrox Holdings has developed a new way of extracting hydrogen for use in cars and other applications that it believes will help usher in a new era of plentiful clean energy for the world. The company, based in Pretoria, has won a number of awards and other…
9 Feb 5AM 49 min

TechCentral announces TCS Legends

TechCentral, the publisher of South Africa’s leading business technology podcasts, is thrilled to announce the launch of TCS Legends. The new show will feature interviews with (and about) some of the leading figures who helped shape South Africa’s technology industry into what it is today. As the show’s name implies,…
4 Feb 5AM 1 min