Govt mulls expensive 'green' car

2011-11-23 21:04
Cape Town - It could cost a lot of green to put South Africa's first home-grown "green" vehicle, the Joule electric car, into commercial production.

"The projected (yet to be verified) investment required to commercialise the Joule is approximately R9bn," Science and Technology Minister Naledi Pandor said in a written reply to a parliamentary question on Wednesday.

This amount would cover "all production-related matters such as production development, manufacturing and retail operations, to mention but a few", she said.

Top speed of 135km/h

The battery-driven Joule - developed and designed by the company Optimal Energy - is aimed at urban users. It has a maximum range of 300km and a top speed of 135km/h.

The government has a shareholding in Optimal Energy.

To date, a few score hand-built Joules have been produced as demonstration models, science and technology director general Phil Mjwara confirmed to Sapa on Wednesday.

He said that since 2006, the government had invested R125m on the development of the Joule, but denied that planned production of the electric vehicle had stalled.

Discussions were underway between his department, trade and industry and other stakeholders on the best way forward.

"At the moment, we're looking at various options... to determine what route we want to go. These will be tabled early next year," he said.

According to Optimal Energy's website, the Joule will be "in mass manufacture" from 2013, and available for sale in mid-2014.

On the retail price of the car - which appears to be aimed at the upper end of the market - it says this "cannot be fixed now".

Investor problems

In her reply, Pandor said finding a "one-stop" investor for the Joule project had proved a challenge.

"There has been a challenge in getting a one-stop investor, and the signal from potential investors is that they may consider partnering on certain parts of the value chain.

"This work is expected to be completed by the end of this year."

Pandor said the government was developing a position paper on the Joule.

"The position paper will indicate government support and plans for the electric vehicle industry, including the Joule.
"The position is essential and provides a sense of government commitment to the development of the industry and will be useful in improving investor confidence," she said.

A second-generation prototype of the Joule, will be among examples of so-called green technology on display in Durban next week, during the COP 17 climate conference.
- SAPA
Read more on:    naledi pandor  |  cop 17  |  technology  |  environment
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
16 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Sport
 

Goalkeeper saves five penalties with his FACE!

Nothing, and we mean nothing, will keep goalkeeper Scott Stirling from stopping the ball!

 
 

Men24.com

This invention makes farts smell like chocolate!
11 things men don’t know about their clothes
Hilarious mortal kombat elevator prank!
Hottie of the day: Nicole Meyer!

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Save up to 60% on toys!

Don’t miss out on this hot offer, save up to 60% on toys. While stocks last. Shop now!

Festive gifts!

Check out our awesome range of festive gifts to make everyone’s wishes come true. Shop now!

Seen something you like in our catalogue?

Find the perfect gift and save up to R5000 – As seen on the catalogue. Hurry and shop now!

Save up to R2200 on electronics! – As seen in the catalogue

Wishing for tech gadgets this festive? Save up to R2100 on hot tech products at kalahari.com. While stocks last. Shop now!

Up to 35% off books

Save up to 35% on the latest page-turners. While stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

The Moon has moved into your sign, emphasizing the need to connect things to work together. There is a tendency to focus too far...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.