The initiative offers local innovators up to R1 million to further develop electric vehicles or energy storage projects.
The carmakers complete the formation of two new entities to share existing and future car technologies.
The group says the purchase is part of its strategy to strengthen its position in international markets.
Insurance premiums on self-driving cars will stagnate for years before meaningful declines occur, a report reveals.
The Swedish car manufacturer and the French government both made commitments to electric vehicles this week.
A big week for motoring tech sees the Lightyear One commercial solar car, and Tesla announcing its Model 3 has passed regulatory requirements.
The provincial government will in the next three months introduce a pilot project for a single e-ticket for public transport users.
The vehicle manufacturer will introduce its driver assist technology in the new Subaru XV next month.
Alphabet and Apple each sign separate contracts with car rental companies Avis and Hertz to use their cars to test self-driving tech.
The app helps motorists collect all info around car accidents, to shorten time frames in insurance claims and legal pay-outs.
Growth will be driven by increasing industry involvement from original equipment manufacturers and network operators.