Business Tech: How much it costs to buy and own an electric car in South Africa

By November 16, 2017Articles
Business Tech has published this article regarding the cost of electric cars.

 

A recent report by Ashburton investments found that South Africa should prepare for the advent of electric cars, noting the possible effects they are likely to have on the industry and consumers.

While the full impact of the electric-car is still some way off, driving an electronic car or hybrid is becoming an increasingly attractive option in South Africa as a means to negate the volatile fuel price and as the motor industry becomes increasingly environmentally conscious.

The increase in electric-only models such as the Nissan Leaf may just be the tipping point as the vehicles become more affordable, while petrol prices increase.

BusinessTech looks at the cost factors associated with buying and owning an electric or hybrid car in South Africa.

South Africa currently only has three electric models, with Tesla touted to enter the market sometime in the future.

 

Electric models

 

  • BMW i3  – R606,800
  • Nissan Leaf  – R474,900
  • BMW i3 eDrive REx – R683,600

Hybrid cars

 

At present there are three different types of hybrid cars in South Africa: full hybrids, combined hybrids and plug-in hybrids.

Full hybrids typically allow you to swap between petrol and electric modes at will, combined hybrids will always use a combination of both, and plug-ins typically use a much larger battery but require an actual plug-in point for it’s not petrol components.

All of these hybrids rely on pulling their electricity from an included battery pack and electric motor but differ in the manner in which they are replenished. These can include systems such as regenerative braking, stop-start’ technology and alternating between the motor/generator at various points of the drive cycle.

  • Mercedes-Benz C350e – R804,900
  • BMW i8 eDrive  – R2,015,300
  • Volvo XC90  – R1,117,600
  • Porsche Cayenne S  – R1,531,000
  • Toyota Prius – R457,600
  • Toyota Prius – R457,600
  • Infiniti Q50S Hybrid – R709,100
  • BMW X5 xDrive40e eDrive – R1,207,800

Read the full article here.

EPHS

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