Climate change has become a pressing global concern, significantly impacting livelihoods worldwide. The emission of greenhouse gases is a major contributor to this crisis. In response, nations across the globe are adopting measures to reduce carbon emissions and promote green energy development to safeguard the planet.
Ethiopia is taking bold steps toward realizing a green economy and is committed to green energy transformation by unlocking its vast renewable energy potential. In line with this commitment, the Ministry of Transport and Logistics has launched the Ethio-Green Mobility 2024 Exhibition and Symposium. Hosted at the Huajan International Light Industry City Special Economic Zone, the event gathers private sectors and manufacturers to support Ethiopia’s journey toward green energy.
As part of its green economy initiatives, Ethiopia has banned the importation of engine vehicles while encouraging the adoption of electric vehicles (EVs). This groundbreaking policy has created opportunities for EV manufacturers and private sector investors to thrive in Ethiopia’s emerging EV market.
Organized by the Ministry of Transport and Logistics, the expo runs from November 22 to 30, showcasing the latest innovations in sustainable mobility, including advanced electric vehicles and renewable energy technologies. The event underscores Ethiopia’s strides in green energy, presenting cutting-edge solutions to achieve sustainable energy transformation and environmental protection.
Kaki Motors Public Relations Head, Engidasew Demise, praised the government’s bold steps in reducing greenhouse gas emissions and advancing the green economy. He highlighted the adoption of EVs as a significant milestone in Ethiopia’s green energy transition and sustainable development goals.
Kaki Motors, a leader in Ethiopia’s automotive industry, has emerged as a trailblazer in the green energy transition. With nearly two decades of experience, the company has established itself as a major player in vehicle assembly and manufacturing. Notably, it inaugurated Ethiopia’s first Isuzu vehicle assembly center on October 14, 2023, in collaboration with Isuzu Motors. This facility transfers cutting-edge technology and knowledge to Ethiopia’s automotive sector.
Speaking on the Ethio-Green Mobility Expo 2024, Engidasew mentioned its focus on Ethiopia’s burgeoning EV sector and the nation’s efforts to establish a sustainable transportation system. Kaki Motors, among others, is playing a pivotal role in supporting the government’s efforts to reduce carbon emissions and foster a sustainable green economy.
Electric vehicle manufacturers and assemblers in Ethiopia benefit from significant tax incentives as part of the government’s green economy transformation strategy. This, coupled with an anticipated increase in electricity supply from the Abbay Dam, positions Ethiopia as a rising hub for EV ownership. Consequently, the number of electric vehicles, including passenger and commercial types, has surged in recent years.
Transport and Logistics Minister Alemu Sime (PhD) highlighted Ethiopia’s significant progress in implementing green initiatives and its commitment to green energy transformation. Leveraging untapped renewable energy resources, Ethiopia aspires to lead in the green economy and enhance its transportation ecosystem, reflecting its dedication to reducing greenhouse gas emissions and achieving a sustainable future.
BY HAILE DEMEKE
THE ETHIOPIAN HERALD SUNDAY EDITION 24 NOVEMBER 2024
