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Location

South Africa

Sector

ESG

Stage

Pre-implementation

Overview

Company: SB2 Group

The SB2 Green Mobility Project is a women-led initiative driving South Africa’s green economy through electric vehicle (EV) manufacturing, skills development, and inclusive industrial growth. It integrates EV assembly, green infrastructure, and accredited training to build a future-ready workforce with technical, digital, and 4IR skills. Emphasizing women and youth participation, the project promotes inclusive economic empowerment and sustainable employment. Implementation will be phased, starting with skills development and pilot production, followed by scaled manufacturing and strategic partnerships with OEMs and public stakeholders.

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Investment Needs

Over $100 million

Investment Project Type:

Private

Invested Value to Date:

$10,000,000

Funding Gap:

$500,000,000

Climate Classification:

Mitigation

Why Investing

Strategic Green Alignment

SB2 drives South Africa’s low-carbon transition with EVs and renewable manufacturing, leveraging government incentives and regional market opportunities.

Proven Capability

EV prototypes, 3D plant design, OEM partnerships, and training programmes show feasibility and a clear path to scalable production.

Inclusive Impact

Prioritizing women and youth empowerment and local suppliers, SB2 delivers both financial returns and measurable social and environmental benefits.

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