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A year ago, the Ethiopian government introduced some incentives to catalyze the adoption of electricvehicles. Ethiopia’s Ministry of Finance exempted all electricvehicles from VAT, surtax, and excise tax! They went further to exempt completely knocked-down kits from customs duty tax.
A number of countries in Africa depend on fossil fuel imports to meet their energy requirements in the transport sector. These fossil fuel imports constitute a good chunk of the total import bill, draining the countries of the much needed and scarce foreign currency. We have looked at a few of these countries recently. Examples […].
Austin, TX BYD leads in sales in China–and its cars are starting to show up elsewhere in the world, such as the Shark pickup that’ being built and sold in Mexico Electricvehicles (EVs) are powered by an electric motor that draws electricity from a battery that can be charged from an external source.
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