- 140,000 electric vehicles currently operating nationwide
- Only 150–200 charging stations installed across Ethiopia
- Ethiopian Electric Utility leads charging infrastructure rollout
- First phase investment estimated at $10 million
- Plan to build 40 charging stations in initial phase
- 32 stations allocated in Addis Ababa, 8 in regional cities
- One charging station construction cost reaches 170 million ETB
- 6 stations built in Addis Ababa, 3 already operational
- 34 additional charging projects under preparation
- 26 sites selected in Addis Ababa, 18 near completion
- Second phase expands to 6 cities including Adama, Hawassa, and Bishoftu
- 2,300 fast charging stations planned over 10 years
- Addis Ababa requires 1,176 fast charging stations alone
- Off-peak tariff set at 14.85 ETB per kWh (10 PM–6 AM)
- Mid-level tariff set at 16.57 ETB per kWh (10 AM–5 PM)
- Peak tariff reaches 18.28 ETB per kWh (6–10 AM, 5–10 PM)
Why it matters?
A gap between 140,000 EVs and fewer than 200 stations signals urgent infrastructure demand. Planned 2,300 stations and structured tariffs open large-scale investment and energy market opportunities.
(Source: Tikvah Ethiopia Telegram Channel)