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BMW SA CEO Warns NEV Policies Threaten Jobs, Exports

1/30/2026

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Summary

Story summary

Peter van Binsbergen, CEO of BMW Group South Africa, says unclear new energy vehicles (NEVs) policies threaten the industry’s trajectory.
He notes exports of NEVs account for 40% of Pretoria plant output, while domestic demand is around 10%.
He calls for consumer incentives to stimulate the market, which is overly export-reliant, and notes that Morocco’s NEVs policy progress underscores the risk of South Africa losing export markets and 500,000 jobs.

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Story summary

Peter van Binsbergen, CEO of BMW Group South Africa, says unclear new energy vehicles (NEVs) policies threaten the industry’s trajectory.
He notes exports of NEVs account for 40% of Pretoria plant output, while domestic demand is around 10%.
He calls for consumer incentives to stimulate the market, which is overly export-reliant, and notes that Morocco’s NEVs policy progress underscores the risk of South Africa losing export markets and 500,000 jobs.