Will Ethiopia be able to provide electricity to 500,000 EVs?

But he said he believes that Ethiopia is more than able to provide electricity to the expected 500,000 EV’s there within the next decade while fulfilling its industrial ambitions. Some Ethiopians are already giving up on electric vehicles, and the secondhand trade in gasoline-powered vehicles continues.

Are Ethiopians giving up on electric vehicles?

Some Ethiopians are already giving up on electric vehicles, and the secondhand trade in gasoline-powered vehicles continues. There are at least 1.2 million vehicles across Ethiopia, and only a small fraction are electric ones. Businessman Yared Alemayehu bought a Chinese-made electric vehicle that he had hoped to use for a taxi service.

How many electric cars are being imported into Ethiopia?

Authorities have claimed some success in enforcing the ban on non-electric vehicles entering Ethiopia, and more than 100,000 electric cars are now being imported into the country each month. The official target is to increase the monthly import figure to 500,000 by 2030.

How much power will Ethiopia produce by 2030?

The official target is to increase the monthly import figure to 500,000 by 2030. By that time, a big new dam Ethiopia has built on the Nile River is expected to be producing power at full capacity.

Can Addis Ababa achieve its ambitious goals for electric vehicles?

For now, many in Addis Ababa, a city of more than 5 million people, are doubtful the country can achieve its ambitious goals for electric vehicles without further needed infrastructure and services.

Why did Ethiopia raise fuel price 8%?

Earlier this month, Ethiopia’s government raised the price of fuel by up to 8% as part of a plan to gradually end all fuel subsidies in Africa’s second-most populous country.