BusinessEthiopian Investment Holdings Partners with Dodai to Boost Sustainable...

Ethiopian Investment Holdings Partners with Dodai to Boost Sustainable Urban Transportation

-

- Advertisment -spot_img


Addis ababa: Ethiopian Investment Holdings (EIH) has entered into a partnership agreement with Dodai, a prominent electric mobility company, to enhance sustainable transportation across Ethiopia. The Memorandum of Understanding (MoU), signed by EIH CEO Brook Taye and Dodai’s founder and CEO Yuma Sasaki, focuses on developing a substantial network of battery swap stations for electric vehicles.

According to Ethiopian News Agency, the partnership will see the establishment of 100 battery swap stations in Addis Ababa within the next 12 months, with plans to expand to a total of 300 stations, including in Sheger city, over the next three years. This initiative is designed to significantly advance the adoption of electric mobility in the region.

The MoU not only aims to expand the infrastructure for electric vehicles but also includes provisions for the future inclusion of electric buses. This aligns with EIH’s broader goals of fostering sustainable development and supporting innovative solutions in the transpor
tation sector. During the signing ceremony, CEO Brook Taye reiterated EIH’s commitment to projects that generate employment and support Ethiopia’s Climate Resilient Green Economy strategy.

Yuma Sasaki highlighted that this collaboration marks a pivotal point for transforming Ethiopia’s transportation landscape. Dodai aims to leverage real-time usage data to optimize the operation of the new stations, ensuring efficient service delivery. Sasaki emphasized the ambition to make electric mobility widely accessible in Addis Ababa and Sheger city, viewing this development as just the beginning of a broader shift towards sustainable transportation solutions in Ethiopia.

Latest news

NamWater Announces Water Supply Interruptions Due to Pipe Breaks in Northern Region

Ogongo: NamWater has announced a series of water supply interruptions impacting several areas between Ogongo and Oshakati due to multiple major pipe breaks. The disruptions, which began on Sunday, are affecting numerous stakeholders and customers who ...

EWA President Commends Prime Minister’s Fellowship Programme for Fostering Government Leadership

Manama: Kamal bin Ahmed Mohammed, President of the Electricity and Water Authority (EWA), recently met with Yasmeen Ali Al Shukur, an employee accepted into the 10th intake of the Prime Minister's Fellowship Programme, highlighting the initiative's ro...

**Mongolian Delegation Visits Ethiopia to Exchange Climate Change Strategies**

Addis ababa: A Mongolian delegation, led by Member of Parliament Bat Ulzii Bat-Erdene, is currently in Ethiopia on a courtesy visit aimed at sharing experiences and strategies for combating climate change. According to Ethiopian News Agency, the dele...

HM King Meets with Iranian Foreign Minister to Discuss Bilateral Relations and Regional Peace

Manama: His Majesty King Hamad bin Isa Al Khalifa held a meeting with Abbas Araghchi, the Foreign Minister of the Islamic Republic of Iran, at Al Sakhir Palace, focusing on bilateral cooperation and regional peace initiatives. According to Bahrain Ne...
- Advertisement -spot_imgspot_img

Czech Republic Pledges Continued Support for Ethiopia’s Climate Resilience Initiatives

Addis ababa: The Czech Republic will maintain its support for Ethiopia by focusing on sustainable landscape management to enhance the country's climate resilience, announced the Czech Ambassador to Ethiopia during a professional forum held today. Acc...

Bahrain Minister Highlights Value of PM’s Fellowship Programme in Developing National Talents

Manama: Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of the Bahrain Economic Development Board, recently met with Yara Talal Al Mutawa, a new participant in the Prime Minister's Fellowship Programme. According to B...

Must read

- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you