The Huajian Group has unveiled plans to establish electric vehicle (EV) assembly and manufacturing operations in Ethiopia.

According to Ambassador Teferi Meles, Vice President of the Huajian Special Economic Zone (SEZ), the group has already begun importing and distributing GAC-brand EVs in Ethiopia, with a vision to move toward local assembly and eventually full-scale manufacturing.

“We’re not just introducing EVs, we’re laying the foundation for a domestic EV industry,” said Teferi.

Ethiopia’s recent decision to ban the import of non-electric vehicles and provide tax incentives for EVs has created a fertile environment for such ventures. These policy shifts are part of a broader government strategy to promote renewable energy and green industrialization.

The Huajian Group’s partnership with China’s Guangzhou Automotive Corporation (GAC), which held 60% of the global Chinese EV market in 2023, also aims to make EVs more accessible to Ethiopian consumers.

At the launch event, Ethiopian Investment Commission Commissioner Zeleke Temesgen (PhD) emphasized Ethiopia’s commitment to economic reform and attracting foreign direct investment, particularly in high-impact sectors like green manufacturing.

Source: The Ethiopian Herald