SOUTH AFRICA’S NEW PASSENGER VEHICLE CO 2 - EMISSIONS BASELINE ANALYSIS

The market baseline analysis report is structured as follows: the first section presents a description of the South African passenger vehicle market; the second section describes 1 LightStone Auto : 3 the South African passenger vehicle fleet characteristics; the third section provides an overview of vehicle technologies and the fourth section provides the CO2 valu. [...] The average CO2 emissions of new cars, normalized to the New European Driving Cycle (NEDC) for the South African fleet (148 gCO2/km) is close to the Brazilian and South Korean average.2 Only vehicles in China and the United States present higher average 2 The normalization methodology for comparing average vehicle efficiency and CO2 emissions across markets and testing methodologies is described a. [...] 23 Comparison with the European Market The similarities between the South African and the European vehicle markets in terms of vehicle characteristics and technology were presented in the previous sections of this report. [...] A review of two SUVs, the RAV4, which is the most sold Toyota SUV in South Africa and available in Europe, and the EcoSport, the most popular small SUV in South Africa, 32 Market share, % Market share, % Market share, % shows the same behavior: higher CO2 emissions from South African models, 7.8% and 3.3% respectively, and very similar vehicle characteristics. [...] Conclusions and Outlook The South African new passenger vehicle fleet is the largest in the African continent and the 18th largest globally.