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Zimbabwe Reduces Import Duty On Electric Vehicles From 40% to 25% Starting January 1, 2025

CleanTechnica EVs

Yesterday, Zimbabwe’s Finance Minister, Professor Mhtuli Ncube, presented the 2025 National Budget under the theme “Building Resilience for Sustained Economic Transformation.” There were a lot of mixed reactions to most of the stuff announced in that proposed budget.

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Electric Vehicles & Solar Can Help Reduce Zimbabwe’s Negative Trade Balance

CleanTechnica EVs

According to Zimbabwes Ministry of Finance and the national statistics agency Zimstat, in 2024, Zimbabwes merchandise imports were projected to reach $9.08 On the other hand, exports were projected to be close to $7.4 The means the trade deficit was estimated to be close to $1.7

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Zimbabwe lithium miners table refinery plans under govt pressure – ET Auto

Baua Electric

Huayou has said it would explore production of battery-grade lithium in Zimbabwe “only when the construction and economic conditions are right” Four lithium mining companies have tabled plans to produce battery-grade lithium in Zimbabwe, a government official said on Monday.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

In a world where electric vehicles and utility-scale batteries are taking over, it would be nice to not depend on a geopolitical rival for your most important raw material. billion) into a financing facility to support exports. Add in Zimbabwe, where Zhejiang Huayou Cobalt Co.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

Electric vehicles represent a $7 trillion market opportunity between today and 2030, and $46 trillion between today and 2050, according to the new report, “ The Cost of Producing Battery Precursors in the DRC ”, launched at the DRC-Africa Business Forum 2021.

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