ESG Frontiers

Ramaphosa said the framework advocates for a massive expansion of renewable energy, battery storage, new energy vehicles, green minerals and the hydrogen economy. The framework underpins an agreement between South Africa, the UK, US, Germany, France and the EU to grant access to an $8.5 billion investment in the shift away from fossil fuels.

The UK has further invested $1.8 million specifically in the shift of South Africa’s automotive industry to new energy vehicles (NEVs).  Rebecca Tron of the British High Commission said that as part of the recent pledge, it would sponsor the development of industry competency models for NEVs through the new program.

Yakh’iFuture interactive website falls under the High Gear programme that was started by the National Association of Automotive Component and Allied Manufacturers (NAACAM) and the Department of Higher Education and Training.

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