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How Ethiopia’s Gas-Car Ban Sparked an EV Boom
Source: Bloomberg
Automotive & EVRegulation & LegislationRenewable Energy Transition
Ethiopia became the first country to ban imports of gasoline-powered cars in 2024, and its EV share now exceeds the global average. The article says the outlook for whether the country’s EV bet will pay off remains uncertain, without providing market size, investment, or financial impact figures.
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