NEWS: Ethiopia Declines 60% Tadjoura Port Stake, Seeks Corridor Access Instead
NEWS: 16 Dutch Firms Explore Ethiopia’s Horticulture Investment Opportunities
NEWS: Djibouti Opens New Ship Repair Yard to Boost Port Capacity
NEWS: 3 Tankers Deliver 143,000 MT as IMF Warns Horn Still Exposed
NEWS: Ethiopia Pushes GAC Juntu for Local EV Manufacturing
NEWS: Ethiopian Airlines Expands Cargo Operations to Nigeria
NEWS: IIB Group Secures NBE License to Open Addis Ababa Office
NEWS: National Bank Tightens Oversight of Remittance Channels, Blacklists Unauthorized Operators
NEWS: Ethio Engineering Group signs SKD agreements with two Chinese firms
NEWS: NBE and People's Bank of China strengthen financial cooperation
Electric

BYD and MOENCO collaborating on EV business

Apr 06, 2025
BYD and MOENCO collaborating on EV business

The Chinese car manufacturer BYD has officially entered the Ethiopian market with the introduction of five battery electric vehicle (BEV) models, including the compact hatchback Seagull and the Tang SUV, in collaboration with its Ethiopian distributor, MOENCO, one of the largest automotive distributors and retailers in the country, representing over 20 brands, including Toyota.