“The Ethiopian government is committed to promote green transportation.” H.E Dr. Alemu Sime) The Minister of Transport and Logistic

oday, April 01/2025, he received and talked to the company's team, including the company's manager Wu Shaohua, and they were briefed on different investment opportunities in the transport and logistics sector.

Ethiopia's geographical location, growing national economy, strong government support, tax incentives, and the presence of sufficient human resources in the sector are stated to be enabling conditions for investment.

"We are committed to promoting green transportation by using the potential renewable energy sources in our country," said the Honorable Minister. In his discussion, the honorable minister mentioned that it is feasible to invest in electric vehicles in Ethiopia and the government supports companies engaged in the production of electric vehicles.

The representatives of the company explained that Shanghai Launch Design Automotive Company manufactures and markets various types of vehicles.

Shanghai Launch Design Automotive Company is working with several well-known car manufacturers to design cars, company representatives said during the discussion.

The company is working with well-known car manufacturers in Europe and other countries in addition to China, and the company representatives explained that cars produced by companies such as Tesla, BYD, Toyota, Futon, Renault and others are designed by this company.

The company offers to manufacture automobiles, buses and trucks, including electric air taxis and unmanned vehicles. Wu Shaohua, the manager of Shanghai Launch Design Automotive Company, stated that his company wants to engage in the production of electric vehicles in Ethiopia.

The Minister of Transport and Logistics, Dr. Alemu Sime, stated that if the company engages in the production of electric vehicles, it will be more profitable and will be supported.

He also said that in terms of the economic and diplomatic relations between Ethiopia and China, the company will further strengthen the friendship between the two countries, apart from the economic profit that the company will get from the growing investment participation.