Automotive experts discuss where EV transition leaves ICE manufacturing locally
Nearly every value-add manufacturing sector in South Africa has been hollowed out by domestic constraints and brutal competition from global players, except for the automotive and components manufacturing sector, consultancy Deloitte emerging markets MD and Deloitte Africa automotive industry leader Dr Martyn Davies stated this week.
South Africa in the south and Morocco in the north of Africa, as a rising automotive component manufacturing hub, serve as the bookends of manufacturing in Africa, and Davies asked delegates attending the Manufacturing Indaba how industrial learnings can be brought to other parts of the continent to establish a broader automotive ecosystem.