Ethiopia Promotes Electric Vehicles in Green Economy Transition

Ethiopia is focusing on electric vehicles as part of its strategy for a green economy, spending $4 billion annually on fuel. Key measures include a ban on old combustion engine vehicles, incentives for electric vehicle imports, and the establishment of charging stations.

Ethiopia is advancing its green economy initiative by promoting the adoption of electric vehicles (EVs), as stated by Transport and Logistics Minister Alemu Sime. He highlighted the transport sector’s crucial role in achieving a sustainable economy and combating climate change through widespread EV use.

The Minister pointed out that Ethiopia spends approximately $4 billion annually on fuel imports. Transitioning to renewable energy and EVs is expected to mitigate air pollution and reallocate those financial resources to infrastructure improvement.

The country’s strategic plan includes the following elements: banning the import of second-hand internal combustion engine vehicles, incentivizing the importation of electric vehicles, converting existing fuel-powered vehicles to electric, and establishing a comprehensive charging station network.

Ethiopia’s commitment to electric vehicles is a strategic move towards a greener economy. By reducing reliance on fossil fuels, the country aims to cut air pollution and allocate saved funds for infrastructure projects. The implementation of policies such as banning second-hand vehicles and establishing charging networks will further promote this transition.

Original Source: tvbrics.com