electric vehicle charging station

Marathon Pushes Electric

Ethiopian Business ReviewDecember 29, 202142

Marathon Motors launched Ethiopia’s very first electric vehicle charging station and the Hyundai Ioniq and Kona EV fully-electric automobiles at the Hyundai Marathon Motor Vehicle Assembly Plant in the outskirts of the capital. The two charging stations are capable of fully charging an electric Hyundai vehicle in 15 minutes and will give service to company employees already driving electrified Hyundai cars.The move goes towards the company’s aim of zero air and sound pollution and plans for wide rollout of charging infrastructure. Though Marathon has capacity to assemble 10,000 vehicles in a year, it is only fulfilling 2,000 assemblies due to various constraints, chief of which is foreign currency allocation.

According to Melkamu Assefa, Founding CEO and Managing Director of Marathon Motor, when comparing the Ioniq model to its combustible engine counterpart, up to ETB600,000 in taxes and duties is saved which will then be transferred towards price reductions for the customer.

Dagmawit Moges, Minister of Transport and Logistics, stated the government is in the process of drafting an overarching automotive policy with the involvement of her ministry along with the Ministry of Industry and the German development agency GIZ.

Related Articles 

Electric Vehicles in Ethiopia: A Case of Putting the Cart Before the Horse – Ethiopian Business Review

A 1.4 Billion Birr Smile – Ethiopian Business Review

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