China’s Growing Grip On Africa’s EV Fast Lane
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Summary
In Ethiopia, the share of electric vehicles on the road has jumped to 6% from just 1% after a 2024 ban on new gasoline-car imports.
Across Africa, EV adoption is now among the fastest-growing globally — with Chinese automakers capturing the lion’s share of the market.
On today’s episode, Bloomberg’s Fasika Tadesse joins Jennifer Zabasajja to unpack what this surge looks like on the ground in Addis Ababa, while Asia transport reporter Linda Lew explains why companies like BYD are targeting African markets.
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