Chinese Automaker GAC Group Launches Electric Vehicles in Ethiopia

GAC Group has launched its electric vehicles in Ethiopia, introducing the AION Y and ES9 models. The Ethiopian government is promoting EV adoption by banning gas-powered vehicles and aims for significant growth in electric mobility, targeting 500,000 EVs in the next decade. The company plans to establish local assembly operations and charging infrastructure.

In a significant move, Chinese automaker Guangzhou Automobile Group Co., Ltd (GAC Group) has launched its electric vehicle (EV) brand in Ethiopia. This introduction, featuring the AION Y and ES9 models, signifies the company’s entry into the East African market. The unveiling took place on Saturday in Addis Ababa, the capital city, capturing attention and enthusiasm from local officials and stakeholders.

During the launch, Zeleke Temesgen, commissioner of the Ethiopian Investment Commission, expressed government commitment to fostering 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.” Temesgen emphasized the necessity for GAC Group to consider establishing a manufacturing facility in Ethiopia to capitalize on its favorable investment climate and burgeoning market opportunities.

Bareo Hassen, Ethiopia’s state minister of transport and logistics, voiced the government’s ambition for achieving green mobility “in the shortest time possible.” This aspiration is not just about energy conservation but also supports broader economic goals. More than 100,000 electric vehicles currently navigate Ethiopian roads, with a target to increase that number to 500,000 in the next decade, effectively phasing out fossil fuel-powered cars.

Ethiopia has laid out plans for expanding its electric vehicle production capacity and the establishment of public charging stations. The government is actively incentivizing private investors, including provisions for free or leased land dedicated to EV after-sales services, as highlighted by the Ministry of Transport and Logistics.

Wei Haigang, president of GAC International, confirmed the company’s plans to market electric vehicles in Ethiopia, working alongside its partner, Huajian Group. He stated that efforts will extend to establishing charging infrastructure and local assembly operations. Wei also underscored Ethiopia’s untapped potential in the EV market and GAC Group’s intent to engage in production to support the nation’s electric mobility transition.

Overall, GAC Group’s entry into Ethiopia’s EV sector represents a timely collaboration that aligns with the government’s green mobility initiatives. With strategic support from the Ethiopian government and an ambitious local market, the future of electric vehicles in Ethiopia looks particularly promising. The ongoing commitment to ramping up EV adoption paired with local assembly efforts could transform the automotive landscape in the region.

Original Source: thepeninsulaqatar.com