PLC2602 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023 (206278) -DUE 28 September 2023.

PLC2602 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023 () -DUE 28 September 2023. 100% CORRECT questions, answers, workings and explanations. for assistance..... Carefully read the Auto Green Paper on the Advancement of New Energy Vehicles in South Africa (2021) as well as the relevant sections in the study guide to answer the question. If you are not familiar with the Green Paper and the study material, then you will not be able to answer the question. Please read the question carefully. No marks will be awarded for answers that are not relevant to the question. Finding the Green Paper: The Green Paper can be found by following the internet link provided below to open the Green Paper. NOTICE 308 OF 2021 DEPARTMENT OF TRADE, INDUSTRY AND COMPETITION DRAFT GREEN PAPER ON THE ADVANCEMENT OF NEW ENERGY VEHICLES IN SOUTH AFRICA Published in the Government Gazette on 21 MAY 2021, by the Department of Trade, Industry and Competition, Republic of South Africa: Background: In its “Preface” (Green Paper 2021: 5), the Government Green Paper on the Advancement of New Energy Vehicles (2021) states that the purpose of the Green Paper is to: “establish a clear policy foundation that will enable the country to coordinate a long-term strategy that will position South Africa at the forefront of advanced vehicle component manufacturing, complemented by a consumption leg, and increase our competitiveness in the global race to transition from the internal combustion engine era into electro-mobility solutions and technologies” (Green Paper, 2021: 5). The Green Paper goes on to state that its purpose is to “develop a framework upon which a comprehensive and long-term automotive industry transformation plan on new energy vehicles can emerge” (Green Paper, 2021: 5). PLC2602/102/3/2023 25 Context: The Green Paper aims to develop a “framework upon which a comprehensive and long-term automotive industry transformation plan on new energy vehicles can emerge” (Green Paper, 2021: 5). The Green Paper highlights several focus-areas that correspond to the aforementioned framework. These are, and I quote (Green Paper 2021: 5):  “Creation of a high-yielding business environment, including an appropriate fiscal and regulatory framework;  Support and investment in the expansion and development of new and existing manufacturing plants to support the production of new energy vehicles and components;  Development and investment in new energy vehicle component technology;  Reinvestment and support towards reskilling and upskiling of the workforce;  The transition of South Africa towards cleaner fuel technologies;  Adoption of new and sustainable manufacturing processes;  Ensuring that the Research and Development investment is strategically targeted at activities that are likely to give South Africa a competitive advantage”. Assignment question: Taking the general purpose statement of the Green Paper as your starting point, you must read the Green Paper and then answer the following question in your own words: Firstly, you must explain why the government proposes adopting a new policy on automotive policy that prioritises the transition to the new Energy Vehicles (NEVs) in South Africa. To answer this part of the question, you must identify and discuss five (5) reasons why the government is proposing this new policy. [25 Marks] Secondly, you must explain (i.e., not copy from the Green Paper but provide your description) how Government proposes realising or achieving its ambitious long-term goal of transforming South Africa’s automotive industry to focus on the manufacture of “new energy vehicles” and their component parts for the local and international markets.