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EV Sales Boom As Ethiopia Bans Fossil-Fuel Car Imports (financialpost.com) 82

An anonymous reader quotes a report from the Financial Post: In 2024, the Ethiopian government banned the import of fossil fuel-powered vehicles and slashed tariffs on their electric equivalents. It was a policy driven less by the country's climate ambitions and more by fiscal pressures. For years, subsidizing gasoline for consumers has been a major drag on Ethiopia's budget, costing the state billions of dollars over the past decade. The country defaulted on its sovereign bonds in 2023 after rising interest rates drove up the costs of servicing its debts, and it received a $3.4 billion bailout from the International Monetary Fund the following year.

In the two years since the ban on internal combustion engine vehicles, EV adoption has grown from less than 1% to nearly 6% of all of the vehicles on the road in the country -- according to the government's own figures -- some way above the global average of 4%. "The Ethiopia story is fascinating," said Colin McKerracher, head of clean transport at BloombergNEF. "What you're seeing in places that don't make a lot of vehicles of any type, they're saying: 'Well, look, if I'm going to import the cars anyway, then I'd rather import less oil. We may as well import the one that cleans up local air quality and is cheaper to buy.'"

For decades, Ethiopia's high import tariffs on vehicles put new car ownership out of the reach of most of the country's population. Per capita gross domestic product is only about $1,000, and even by the standards of low-income countries, it has among the lowest car ownership rates. At 13 vehicles per 1,000 people, it's a fraction of the African average of 73. With few cars manufactured in the country, the vast majority are imported, and most are bought used. The government's import policy has upended the market. In parallel, tariffs for EVs were dropped to 15% for completed cars, 5% for parts and semi-assembled vehicles, and zero for "fully knocked down" -- vehicles shipped in parts and assembled locally. That has made new EVs cost-competitive with old gasoline cars.

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EV Sales Boom As Ethiopia Bans Fossil-Fuel Car Imports

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  • Red Barchetta (Score:3, Insightful)

    by Entrope ( 68843 ) on Thursday February 19, 2026 @09:07AM (#65998612) Homepage

    "When gas-fueled cars are outlawed, only outlaws will have gas-powered cars."

    Canadian band Rish warned us about this. So did Australian actor Mel Gibson.

    • Canadian band Rish warned us about this.

      Larry Niven, is that you?

      • Oh look I'm important again, my troll is back to ride my dick. They modded this and the next two posts down because they didn't understand what I wrote, as usual.

    • Right now I’d make it:

      “When gas-fueled cars are outlawed, only non-legacy American car manufacturers will sell abroad”.

      Given the state of auto manufacturers and US oil business, with their focus on lobbying to weaken EPA environmental regulations, they will have to play catch-up. Certainly EVs certainly have always to go in terms of battery technologies and reducing costs, but they are improving given the increased investments. The problem for the US is that it keeps on giving up its techn

    • But in a world where gasoline is scarce, EV's rule...
  • The geopolitical story with Ethiopia is the root cause of EV mandates. Ethiopia signed up with Chinese Belt and Road Initiative but unsurprisingly cannot afford payments on Chinese-built infrastructure. As such, becoming a dumping ground for oversupply of Chinese EVs is one of the concessions they had to make. Best of luck to Ethiopia, but they are now fully a Chinese client state.
    • They also don't, nationally, produce enough energy. Enen with that energy deficit, they were still exporting electricity to Djibouti, Sudan, and Kenya as of 2024. I'm sure this will be viewed as a wonderful decision when viewed from 2030.

      • by Sique ( 173459 ) on Thursday February 19, 2026 @10:14AM (#65998724) Homepage
        Probably yes, because at the same time, Solar is booming in Ethiopia, because you can set up a local grid completely independent from any nation wide power grid. And you can charge an EV locally, while Ethiopia can't produce any gasoline locally without importing oil. Solar panel are a one-time investment, which will last for decades. Oil is a recurring cost, and you have to have a network of roads and trucks to get it anywhere - all a non-issue with Solar.
    • Failing to see the downside here.

      Once solar panels are installed, and they ain't expensive, the electricity is free. And Ethiopia is equatorial, so it gets fantastic insolation. Why keep paying over again for oil when you can pay for solar panels once?

      Best of luck to Ethiopia, but they are now fully a Chinese client state.

      If you're not a major power, or part of a bloc, you need to pick your poison. If you think this kind of thing is bad, then vote for whoever supports international development. Countries ar

      • by sinij ( 911942 )
        I don't think EVs powered by solar panels are a bad idea for Ethiopia. I think Chinese EVs driven on Chinese-built roads powered by Chinese solar panels is a bad idea for Ethiopia.
        • Not wrong, but no one else seems up to being hegemon at the moment so may as well get some cheap cars out of it
          • Debt traps are not necessary to establish hegemony. They are simply a convenient means for evildoers. Though not entirely safe. Client nations can tell China to f- off, and there's little China could do short of military intervention.
        • Sure, but it's not like Ethiopia has the manufacturing base to make cars or solar panels. They're going to be relying on foreign cars and foreign solar panels either way.

        • Why would that be bad for a poor country? If it were all US, they would have to pay MUCH more and the situation wouldn't be any different for them, even much worse. China is running a long game, while the US always only thinks about the short game.
    • by Anonymous Coward

      If the US wanted a piece of that sweet Ethiopian infra action or felt it important to lock out the Chinese for strategic, political o moral reasons, they could have, ya know, offered up their own services. But they didn’t, and the Ethiopians needed outside expertise and the Chinese were there to supply it. Whining after the fact while pursuing an idiotic form of isolationism is very MAGAT, so well done you for fitting in with your best friend paedos.

  • by Dusty ( 10872 ) on Thursday February 19, 2026 @10:47AM (#65998810) Homepage

    It looks like they are getting rid of subsidies on gasoline as well, which will also make electric vehicles more attractive.

    Ethiopiaâ(TM)s Government Officially Ends Fuel Subsidy: Prices to Follow Global Market Rates [addisinsight.net]

    • by tlhIngan ( 30335 )

      Here's the thing. Oil is concentrated in a few countries, and if you do not have oil resources, you have to pay other countries for it.

      Electricity, though, is everywhere. You can get it in various forms, and while you may have to buy solar panels, once you put them up, they power EVs for a really long time.

      So you could import a gallon of oil and once you use that gallon up, import another gallon of oil, Lather, rinse, repeat.

      Or you could import a solar panel, and now have basically a limitless supply of ele

  • by Qbertino ( 265505 ) <moiraNO@SPAMmodparlor.com> on Thursday February 19, 2026 @11:11AM (#65998870)

    I certainly did _not_ have Ethiopia in my top list of progressive environmentally aware ueber-hipster compliant countries but you never know.

    Two thinks do make sense though:

    1.) It's totally logical for Afrika to skip any outdated ICE tech and infrastructure and go strait to the good new stuff.

    2.) Quite a few parts of Afrika have been gaining traction and gotten on top of things. Ruanda has a rise in womans rights and participation due to the exorbitant male death toll from that civil war / epically uncivil slaughtering a few decades back. Botswana is a doorstep country closing in on a bona-fide first-world situation fast. IIRC there are quite a few other countries on a similar trajectory.

    I hope for Afrika and the world that this encouraging trend continues.

    • by PPH ( 736903 )

      But that's not fair! You folks got to drive land barges with oversized fins. We want the same rights.

  • Ethiopia just built a huge dam on the Blue Nile. Electricity is now far cheaper than importing fuel.
  • Check it out here (skip the first 2 minutes): https://www.youtube.com/watch?... [youtube.com]
    Also https://www.youtube.com/watch?... [youtube.com]

  • by shilly ( 142940 ) on Thursday February 19, 2026 @01:24PM (#65999182)

    People are harrumphing about government intervention blah blah blah etc. But I think what’s really going on is that they are made uneasy by the notion that there are governments and consumers out there who do not think like them, who have completely different motivations, and who do not give two hoots about ICE for the sake of ICE, because they do not share the emotional commitment to ICE. It’s the sicky feeling you get when you realise that how you conceived of the world isn’t as universal as you once thought it was. They can pull the protectionist blanket round America and continue with fossil fuels there, but the rest of the world isn’t going to sit by, other countries are going to make different decisions that are in their interests.

    • The US dollar is also heavily used in petrochemical trade so weakening ICE market strength is a good way for China to obliquely weaken the US. Other than hitting economics of scale for the batteries, electric motors are far superior from a maintenance standpoint to combustion engines, I can't imagine why anyone would buy a gas weedeater these days. Soon enough it'll be the same for consumer and commuter grade vehicles.
  • A new fleet of 131 EV buses has rolled out. Faster journey times, lower carbon emissions, no tailpipe emissions, solar charging, quieter. Great stuff!

    https://youtu.be/3p8ldPpB2ic?s... [youtu.be]

I don't have any use for bodyguards, but I do have a specific use for two highly trained certified public accountants. -- Elvis Presley

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