In 2024, the local manufacturing of electric private passenger vehicles had the largest and most substantial annual market size, amounting to 620 billion South African rand (approximately 35.5 billion U.S. dollars). Electric LDVs followed, with close to 38 billion South African rand (around 2.2 billion U.S. dollars).
Annual EV market size in South Africa 2024, by market segment
(in billion South African rand)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
GreenCape. (June 4, 2024). Annual EV market size in South Africa 2024, by market segment (in billion South African rand) [Graph]. In Statista. Retrieved January 17, 2025, from https://www.statista.com/statistics/1535168/annual-ev-market-size-in-south-africa-by-market-segment/?__sso_cookie_checker=failed
GreenCape. "Annual EV market size in South Africa 2024, by market segment (in billion South African rand)." Chart. June 4, 2024. Statista. Accessed January 17, 2025. https://www.statista.com/statistics/1535168/annual-ev-market-size-in-south-africa-by-market-segment/?__sso_cookie_checker=failed
GreenCape. (2024). Annual EV market size in South Africa 2024, by market segment (in billion South African rand). Statista. Statista Inc.. Accessed: January 17, 2025. https://www.statista.com/statistics/1535168/annual-ev-market-size-in-south-africa-by-market-segment/?__sso_cookie_checker=failed
GreenCape. "Annual Ev Market Size in South Africa 2024, by Market Segment (in Billion South African Rand)." Statista, Statista Inc., 4 Jun 2024, https://www.statista.com/statistics/1535168/annual-ev-market-size-in-south-africa-by-market-segment/?__sso_cookie_checker=failed
GreenCape, Annual EV market size in South Africa 2024, by market segment (in billion South African rand) Statista, https://www.statista.com/statistics/1535168/annual-ev-market-size-in-south-africa-by-market-segment/?__sso_cookie_checker=failed (last visited January 17, 2025)
Annual EV market size in South Africa 2024, by market segment (in billion South African rand) [Graph], GreenCape, June 4, 2024. [Online]. Available: https://www.statista.com/statistics/1535168/annual-ev-market-size-in-south-africa-by-market-segment/?__sso_cookie_checker=failed
