In 2023, a survey conducted revealed that most South African consumers are looking at purchasing their next electric vehicle (EV) in the price range of 300,000 South African rand and under 500,000 South Africa rand (approximately 16,600 to less than 27,700 U.S. dollars), at 36 percent. This result is slightly higher than those who expect to pay the same amount for their next internal combustion engine (ICE) vehicle.
Preferred price range for consumers buying their next electric vehicle in South Africa in 2023, by vehicle type
Question asked: "In which of the following price ranges will you be shopping for your next vehicle? (Please indicate what you would expect to pay after any discounts and/or incentives that might be available)".
[EV intender] n= 219
Conversion date as of 11/25/2024: one U.S. dollar = 18.04 South African rand.
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Deloitte Africa. (February 7, 2024). Preferred price range for consumers buying their next electric vehicle in South Africa in 2023, by vehicle type [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1548353/preferred-price-range-for-consumers-buying-their-next-ev-vehicle-in-south-africa-by-vehicle-type/
Deloitte Africa. "Preferred price range for consumers buying their next electric vehicle in South Africa in 2023, by vehicle type ." Chart. February 7, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1548353/preferred-price-range-for-consumers-buying-their-next-ev-vehicle-in-south-africa-by-vehicle-type/
Deloitte Africa. (2024). Preferred price range for consumers buying their next electric vehicle in South Africa in 2023, by vehicle type . Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1548353/preferred-price-range-for-consumers-buying-their-next-ev-vehicle-in-south-africa-by-vehicle-type/
Deloitte Africa. "Preferred Price Range for Consumers Buying Their next Electric Vehicle in South Africa in 2023, by Vehicle Type ." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/1548353/preferred-price-range-for-consumers-buying-their-next-ev-vehicle-in-south-africa-by-vehicle-type/
Deloitte Africa, Preferred price range for consumers buying their next electric vehicle in South Africa in 2023, by vehicle type Statista, https://www.statista.com/statistics/1548353/preferred-price-range-for-consumers-buying-their-next-ev-vehicle-in-south-africa-by-vehicle-type/ (last visited December 22, 2024)
Preferred price range for consumers buying their next electric vehicle in South Africa in 2023, by vehicle type [Graph], Deloitte Africa, February 7, 2024. [Online]. Available: https://www.statista.com/statistics/1548353/preferred-price-range-for-consumers-buying-their-next-ev-vehicle-in-south-africa-by-vehicle-type/
