Demand for electric vehicles could get Eskom back on the road to recovery - expert

An electric vehicle market in South Africa would stimulate demand for electricity sales and could help Eskom partially reduce its debt, according to an expert on innovation and disruptive energy technologies.

During a webinar on the implications of climate change, hosted by Sanlam Investments on Monday, a panel of experts weighed in on opportunities of decarbonising the economy - electric vehicles being one of them.

Ramez Naam, co-chair of energy and environment at Singularity University in the US, commented that if Eskom embraced electric powered vehicles, it could help address its challenge of growing electricity sales.