The Ethiopian Petroleum and Energy Authority (EPA) has announced it is developing a national e-mobility strategy to accelerate the advancement of electric vehicles (EVs) in the country.
Details
The announcement was made at a panel discussion organised by EPA in collaboration with the Ethio-Germany energy cooperation, focusing on the intersection of electric vehicles and the green economy.
EPA Director-General Sahrla Abdulahi highlighted that the government is undertaking various initiatives to transform the petroleum sector into a reliable e-mobility sector, contributing to the country’s socioeconomic development.
She stated that there will be an establishment of a national steering committee and efforts to identify opportunities to incentivize private sector engagement in the EV industry.
What They’re Saying
“The authority has implemented digital payment transactions within the fuel system, processing over 233 billion Birr through electronic transactions in the past two years,” Sahrla Abdulahi stated.
Between The Lines
She noted that the expansion of the parallel market has negatively impacted the digital clean transaction system, emphasizing that fuel transaction and monitoring remain a priority focus.
Why This Matters
Mintesnot Gizaw (Asst. Prof.), a researcher and lecturer in Renewable Energy at the Environmental Engineering Department of AAU highlighted the importance of strengthening the EV-green economy nexus.
He noted that Ethiopia spends approximately 4.6 billion USD annually on fossil fuels, affecting the import-export balance.
Source: Ethiopia Press Agency
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