Absa launches unique vehicle finance package for Foton Taxis
Absa Vehicle and Asset Finance and Foton South Africa celebrated their first anniversary with an innovative new taxi finance product.
- Industry News
- 30 July 2025
Zero Carbon Charge (CHARGE), in partnership with the Automotive Industry Development Centre Eastern Cape (AIDC-EC), together with the Eastern Cape Provincial Government, broke ground on the province’s first off-grid, ultra-fast, green electric vehicle charging network.
This marks a significant milestone in South Africa's efforts to build a sustainable transport network that contributes to climate emission reduction.
The network in the Eastern Cape will consist of 29 sites, 18 of which will be dedicated to electric passenger and light commercial vehicles, while 11 will be for off-grid electric truck charging stations.
Zero Carbon Charge will be investing a total of R11.4 billion in the roll-out of the electric vehicle charging stations in the Eastern Cape. This forms part of its broader project of building a national network of 120 off-grid electric passenger and light commercial vehicle charging stations and 120 electric truck charging stations.
The development of the 11 sites for solar-powered electric truck charging stations will be completed on a route-by-route basis, similar to the launch of the N3 Electric Highway planned between Johannesburg and Durban. Crucially, both electric passenger and light commercial vehicles and electric truck charging sites will be completely independent of Eskom’s predominantly coal-powered grid, which means they will be green and completely loadshedding-proof.
It is envisaged that construction of the charging station at Wagon Wheels Farm Stall on the N6 will start in the first quarter of 2025. It will be one of five other Zero Carbon Charge charging stations in the Eastern Cape that will be rolled out simultaneously.
This marks a significant milestone in South Africa's efforts to build a sustainable transport network that contributes to climate emission reduction.
The network in the Eastern Cape will consist of 29 sites, 18 of which will be dedicated to electric passenger and light commercial vehicles, while 11 will be for off-grid electric truck charging stations.
Zero Carbon Charge will be investing a total of R11.4 billion in the roll-out of the electric vehicle charging stations in the Eastern Cape. This forms part of its broader project of building a national network of 120 off-grid electric passenger and light commercial vehicle charging stations and 120 electric truck charging stations.
The development of the 11 sites for solar-powered electric truck charging stations will be completed on a route-by-route basis, similar to the launch of the N3 Electric Highway planned between Johannesburg and Durban. Crucially, both electric passenger and light commercial vehicles and electric truck charging sites will be completely independent of Eskom’s predominantly coal-powered grid, which means they will be green and completely loadshedding-proof.
It is envisaged that construction of the charging station at Wagon Wheels Farm Stall on the N6 will start in the first quarter of 2025. It will be one of five other Zero Carbon Charge charging stations in the Eastern Cape that will be rolled out simultaneously.
Absa Vehicle and Asset Finance and Foton South Africa celebrated their first anniversary with an innovative new taxi finance product.
Absa and BYD, the world’s leading electric car manufacturer, have partnered to drive sustainable vehicle finance solutions as demand for new-energy vehicles (NEVs) surges in South Africa.
Hino South Africa has extended its Hino 300 Hybrids undergoing local field trials with selected customers.
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You can't build a reputation on what you are going to do.
Henry Ford
Absa and BYD, the world’s leading electric car manufacturer, have partnered to drive sustainable vehicle finance solutions as demand for new-energy vehicles (NEVs) surges in South Africa.
Hino South Africa has extended its Hino 300 Hybrids undergoing local field trials with selected customers.
Following the launch of the all-electric EX90 seven-seater, Volvo Car South Africa (VCSA) is reiterating its commitment to the local market with the announcement of four electric vehicles, set to arrive over the coming months.