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Ethiopia rolls out incentives to boost electric vehicles, phase out fossil fuels by 2034.
Ethiopia is rolling out incentives to boost electric vehicle (EV) adoption and phase out fossil fuel vehicles.
The Ministry of Transport and Logistics has drafted a national strategy to support this transition, aiming for up to 500,000 EVs in the next decade.
Plans include tax breaks, subsidies, and a ban on new fossil fuel car imports, with the goal of saving foreign currency and reducing reliance on fossil fuels.
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Etiopía pone en marcha incentivos para impulsar los vehículos eléctricos, eliminando gradualmente los combustibles fósiles en 2034.