Everything Counts | Ep 24: What are New Energy Vehicles? | EVs in South Africa

Loading player...
Everything Counts is a bi-weekly podcast series that dives into money and financial wellness, hosted by 702’s Motheo Khoaripe. Each episode unpacks practical aspects of personal finance; how to save, spend, invest and make smart decisions to boost your financial well-being.

In this episode, Motheo is joined by Winstone Jordaan (Grid Cars), Ndia Magadagela (Everlectric), Gresham Pillay (Volvo Cars South Africa), and Jenni Verschoor (Investec Sustainable Solutions) to chat about new energy vehicles in South Africa.

They cover the different types of new energy vehicles available, the costs involved, the range of an electric vehicle and whether South Africa has enough EV charging points.
They also go into the savings gained through a new energy vehicle, how to insure it and how to manage an electric vehicle amidst loadshedding and South Africa’s energy crisis.
If you’re thinking about getting a hybrid or electric car in South Africa and you want to know if it’s worth it, then this episode is full of expert advice and critical guidance.

00:00 Introduction
01:20 What are new energy vehicles?
03:00 What are the different types of new energy vehicles?
04:30 Tips to maximise electric car savings
05:15 Electric vehicles vs fuel vehicles
06:50 Consider your needs before buying an electric vehicle
07:30 Are there enough EV charging stations in South Africa?
10:00 Tips to get the most savings from your new energy vehicle
11:00 Range of an electric vehicle
14:45 Maintenance, insurance and long-term electric vehicle costs
18:00 Electric vehicle market: How much is an electric car in South Africa?
21:30 Financing a new energy vehicle and a charger
24:00 Dealing with loadshedding: Plan your EV charging times
25:50 Insuring a new energy vehicle
28:30 Tips to avoid electric vehicle theft
29:00 New energy vehicle trends
31:30 Conclusion
17 Jun 2025 English South Africa Business · Investing

Other recent episodes

Investec Minds Ep 5 | Nick Holland on decisions that reshaped Gold Fields

Some of Nick Holland’s biggest decisions took years to prove their worth. The former Gold Fields CEO joins Investec’s Nkateko Mathonsi to discuss the unbundling that created Sibanye Gold, and his backing of the Chilean mine Salares Norte long before production began. He explains why safety meant stopping production, and…
10 Nov 43 min

Macro Monday Ep139: The three major effects of the US midterms

Democratic Party control of the US House of Representatives and Senate has had three broad market implications: data centre buildouts are unpopular with voters; Congress will likely limit military escalation in the Middle East (which could bring down energy prices); and slower artificial intelligence-linked investment could be good for US…
9 Nov 6 min

No Ordinary Wednesday | Has the AI boom got ahead of itself?

AI agents have entered the workplace, robots are edging closer to our homes and billions continue to flow into the infrastructure powering artificial intelligence. But as technology advances, are the returns keeping pace with expectations? In this episode of No Ordinary Wednesday, Investec Global Equity analysts David Smith and Zane…
3 Nov 31 min

Macro Monday Ep138: The beats go on for US equities

Global equities continue to advance, while US corporate earnings continue to beat expectations. Taking into account these ongoing beats, notes Global Chief Investment Officer Chris Holdsworth, the overall US market now trades at just under 20 times earnings, which is not excessive by historical standards.
2 Nov 8 min

Macro Monday Ep137: Mortgage market an orange light for the US economy

The US economy continues to grow, thanks to ongoing investment into AI, and despite federal government indebtedness and higher inflation because of rising fuel prices. One area where the strain is showing though, says Global Chief Investment Officer Chris Holdsworth, is in the housing market, where mortgage rates are climbing…
26 Oct 8 min