rvZA
Honorary Master
- Joined
- Jan 3, 2021
- Messages
- 16,596
Zero support from government.
You do not need support from government at all. If you are reliant on them, then your product is worthless and already failed.
The fact is, he was more reliant on investors who believed in his product, saw the viability in and expectations of large profit return for their investments. Unfortunately, with little to no local investments it is clear that these investors did not believe in the product or the viability thereof in SA. There may also have been profitibility issues which may have caused them not to invest in the product.
This is most likely the reason why the idea fell flat. Electric vehicles are not made for a country like South Africa.