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    HomeTechnologyGreenTechInchcape & BYD Partner In New Distribution Agreement For Ethiopia!

    Inchcape & BYD Partner In New Distribution Agreement For Ethiopia!

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    In an unprecedented move some months ago, Ethiopia became effectively the first country in the world to ban the import of internal combustion engine vehicles. That ban was not some futuristic target for 2030 or 2035. It was an immediate ban on the import of ICE cars, with no exceptions.

    Ethiopia’s motivation? A high fossil fuel import bill of over $5 billion a year, taking a huge chunk of the country’s scarce foreign currency resources. Energy security and self-sufficiency was another major driver. Ethiopia recently commissioned the first units from the 5,150 MW Grand Ethiopian Renaissance Dam (GERD). The GERD will add another ~15,500 GWh of clean electricity to the country’s energy mix. This means Ethiopia now has some exceptionally good locally generated renewable energy that can be…

    Read the full article originally published at cleantechnica.com.

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