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Ethiopia’s Middle Class Ditching Gasoline Vehicles for Electrics With Chinese EVs Dominating Race

Solomon Shenkutie, a ride-hailing driver in Ethiopia’s bustling capital, Addis Ababa, made a life-changing decision six months ago: he swapped his gasoline-powered car for a Chinese-made electric vehicle. “I spent most of my earnings on fuel, and prices are only expected ...
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By Cobus van Staden, CGSP Head of Research Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking. 

Ethiopia’s Middle Class Ditching Gasoline Vehicles for Electrics With Chinese EVs Dominating Race

Solomon Shenkutie, a ride-hailing driver in Ethiopia’s bustling capital, Addis Ababa, made a life-changing decision six months ago: he swapped his gasoline-powered car for a Chinese-made electric vehicle. “I spent most of my earnings on fuel, and prices are only expected ...
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