GAC Group Launches Electric Vehicles in Ethiopia, Aiming for Green Mobility

GAC Group launches EV brand in Ethiopia, introducing AION Y and ES9 models. The Ethiopian government promotes electric mobility by banning gas-powered vehicles and aims for 500,000 EVs in ten years. GAC plans to establish local assembly and charging infrastructure, highlighting the potential for growth in the Ethiopian EV market.

On Saturday, the Guangzhou Automobile Group Co., Ltd. (GAC Group), a prominent Chinese automotive manufacturer, launched its electric vehicle (EV) brand in Ethiopia. The unveiling took place in Addis Ababa, introducing two models, the AION Y and the ES9. This event represents a significant development as it marks GAC’s entry into the burgeoning East African automotive market, especially in the realm of electric vehicles.

Zeleke Temesgen, the commissioner of the Ethiopian Investment Commission, emphasized at the launch that the Ethiopian government has been proactive in fostering an environment conducive to EV adoption. He noted, “The Ethiopian government has already banned the production, import, and assembly of gas-powered cars, so Ethiopia would be an ideal market for reputable companies like GAC Group.” This move highlights Ethiopia’s commitment to transitioning towards greener energy solutions.

Moreover, Temesgen urged GAC Group to consider establishing a manufacturing facility in Ethiopia. He pointed out that this would not only leverage the favorable investment climate but also open up substantial market opportunities and further the nation’s green mobility efforts. The move is part of a larger strategy to enhance the local economy while promoting sustainable transportation.

Bareo Hassen, the Ethiopian State Minister for Transport and Logistics, expressed his optimism about achieving green mobility swiftly. He underscored the importance of energy conservation and economic support through this transition. According to him, the Ethiopian government aims to have 500,000 EVs on the roads within the next decade, significantly reducing the presence of fossil-fuel-powered vehicles.

Currently, more than 100,000 EVs are operating within Ethiopia, reflecting the government’s robust push for an electric vehicle infrastructure. This includes plans for broadening the production of EVs and the implementation of public charging stations. The Ministry of Transport and Logistics is also providing various incentives to encourage private investments, such as free land for green initiatives, especially in EV after-sales services.

Wei Haigang, president of GAC International, expressed confidence in the Ethiopian EV market’s potential. He revealed that through their partnership with Huajian Group, GAC intends to sell electric vehicles while also establishing charging facilities and initiating local assembly operations. Looking ahead, Wei affirmed GAC Group’s plans to venture into EV production in Ethiopia, aiming to cater to a burgeoning market and further enhance the country’s agenda for electric mobility.

In summary, GAC Group’s entry into the Ethiopian market signals a significant shift towards electric vehicles, encouraged by government policies and a push for greener transportation solutions. Both officials and company representatives acknowledge the vast potential for EVs in Ethiopia, with ambitious plans to ramp up production and infrastructure. The future may indeed unfold a thriving electric vehicle industry in Ethiopia, paving the way for sustainable mobility in the region.

Original Source: thepeninsulaqatar.com