South Africa is poised for Chinese investment in its US$27 billion automotive industry after the president signed a tax break for the production of so-called new-energy vehicles into law.
The automotive industry is evolving at a very fast pace, and with a new year come new challenges. The combination of advancing technology, economic uncertainty and changing consumer habits has ...
VW’s ID.4 electric crossover lost its full $7,500 tax credit, according to the latest listing by the Department of Energy and Environmental Protection Agency. Models from the likes of Nissan Motor Co.