EVs exceeded 60 % of new car sales in Ethiopia in 2024, ranking among top global shares.
Ethiopia now has ~115,000 electric vehicles on the road of ~1.5 million total fleet.
Government banned imports of fossil-fuel private cars in January 2024.
EV tariffs cut to 15 % for complete, 5 % for parts, zero for CKD kits.
Local EV assembly underway; 9 firms assemble vehicles from SKD kits.
China-brand EVs form majority of imports and sales in Ethiopian market.
Ethiopia aims for 500,000 EVs by 2030 under national transition targets.
Chart source: X - @AssaadRazzouk
Ethiopia’s automotive market is being reshaped by a fuel-vehicle policy pivot that has accelerated EV adoption, reduced reliance on imported petrol/diesel cars, and spurred duty-driven cost advantages for imported EVs and locally assembled units.