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2020 South Africa EV Car Buyer Survey
2020 South Africa EV Car Buyer Survey
2020 South Africa EV Car Buyer Survey
ELECTRIC VEHICLE
BUYERS SURVEY
IS SOUTH AFRICA READY
FOR ELECTRIC VEHICLES?
REPORT 2020
Page No 2 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
CONTENTS
2. METHODOLOGY
2.1 STUDY DEMOGRAPHICS
3. THOUGHT LEADERSHIP
THOUGHT LEADERSHIP 1 - GEORGE MIENIE
THOUGHT LEADERSHIP 2 - BEN PULLEN
5. CONCLUSION
Page 3 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
PURPOSE OF THE
SURVEY
The reality is that globally and within AutoTrader and Generation.e strongly
the borders of South Africa, there believe that an important step in
is demand for electric vehicles as a the process of steam-rolling electric
result of environmental concerns, the mobility is to understand what the
requirement of greener mobility and current perception and intention of
impending global regulations which consumers are, as well as what gaps
impact the local automotive market. exist, for the adoption of electric
vehicles to happen.
AutoTrader - South Africa’s biggest
automotive marketplace - in The survey intends to bridge any
partnership with Generation.e, has gap between consumer perceptions
produced this study, which provides & industry assumptions to assist
insights into consumer perception, stakeholders such as dealers,
expectation, purchase intent, manufacturers, marketeers and
awareness and trust of EVs. government bodies to drive
action-based discourses. The hope is
AutoTrader reaches in-market car that these insights lead to a tomorrow
shoppers on a monthly basis at scale that is greener, cleaner and mutually
and is perfectly positioned to serve beneficial to the automotive industry,
as a sound proxy for consumer car the South African economy, and
shopping, purchase intent and buying most importantly, the South African
behaviour. Being able to draw on car buying consumers.
demand, supply and pricing data from
Page 4 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
METHODOLOGY
3,105
TOTAL RESPONSES WERE
CAPTURED ACROSS
AUTOTRADER TOUCH-
POINTS BETWEEN AUGUST
2020 & SEPTEMBER 2020.
Page 5 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
STUDY DEMOGRAPHICS
Respondent Gender Split
80,1%
19,7%
0,2
Respondent Ages
28,2%
24,2%
21,8%
14,5%
6,2%
4,9%
0,2%
Page 6 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
STUDY DEMOGRAPHICS
Page 7 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
THOUGHT
LEADERSHIP
George Mienie
AutoTrader CEO
Page 8 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
THOUGHT
LEADERSHIP
Ben Pullen
Generation.e CEO
Page 12 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
SURVEY
RESULTS &
INSIGHTS
Page 16 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
ELECTRIC VEHICLE
P E N E T R AT I O N
One of the largest barriers to reduce high taxes on EVs through tax
entry of any new technology is incentives, the cost of EVs will begin
the cost of production in the early reducing in the coming years with:
stages as a result of research and
development costs. Electric Vehicles • An increase in the rate of adoption
in South Africa have had the added • Technology innovation, particularly
disadvantage of incurring substantial battery technology
taxes (ICE imports 18% vs EV Imports • Local manufacturing
25%) which has aided in driving the
cost of an EV to more than 2X that of
the average price of a new ICE vehicle
in South Africa. Besides the need to
98,2%
1,8%
No Yes
Page 18 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
86,8%
13,2%
No Yes
Page 19 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
ELECTRIC VEHICLE
CONSUMER PERCEPTION
80,5%
63,9%
54,7%
41,1%
24,9%
18,5%
6,4% 6,1%
3,9%
Page 21 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
61,2% 59,6%
55,3%
36,0%
33,8%
25,9%
18,8%
9,5%
Page 23 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
78%
Understanding the factors that
impact purchasing an electric
vehicle in South Africa is
critical for South African OEM’s
from a product specification of females rated
and marketing point of view. safety as extremely
Respondents were asked which
factors were most influential in important compared
the purchasing consideration of to 67% of male
an electric vehicle. respondents.
67,3%
Yes No
Page 27 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
ELECTRIC VEHICLE
C O N S U M E R E X P E C TAT I O N S
86%
opportunity for mass adoption rather
than a secondary “Sunday drive”
vehicle. While the answer to this
question was an overwhelming yes would use an EV
for South Africa, it is interestingly a as their primary
lot higher than other countries.
vehicle.
86,4%
13,6%
Ye o
Page 29 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
34,7%
28,8%
19,5%
8,1%
6,9%
2.1%
35 - 54
long it should take to fully
charge and electric vehicle for
them to consider buying one -
This is important, as the ability
to address consumer aspirations
year olds
will assist to increase the rate of want EVs to charge
adoption.
at home within 4
hours in order to
consider buying one.
Page 31 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
44,9%
37,7%
11,2%
29,3%
28,4%
22,7%
9,2%
6,8%
3,6%
Battery technology is on
an incredible growth path Age 55+ are more
and is predicted to continue
exponentially into the future.
realistic about range
Manufacturers now produce EVs (300km - 500km)
that go further than 640km on a
single charge (Tesla Model S Long
compared to younger
Range). In South Africa, available generations under
EVs are providing consumers
with vehicles that can travel 35 years old (less
up to 470km on a single charge than 300km).
(Jaguar I-Pace on WLTP cycle).
Page 35 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
ELECTRIC VEHICLE
PURCHASE INTENT
24%
of female respondents are
47%
male respondents are
willing to spend more than willing to spend more
R500K on an EV. than R500k on and EV.
18,1%
14,8 % 5,9%
14,3%
10,9%
7,9%
4,9%
4,1%
3,2%
1,9% 1,2%
0,9% 0,8% 0,2% 0,8%
Page 40 EV Buyers Survey Report | pr@autotrader.co.za | reports.autotrader.co.za
ELECTRIC VEHICLE
AWARENESS AND TRUST
CONCLUSION