How Ethiopia’s Gasoline-Car Ban Sparked an EV Boom

Ethiopia became the first country to ban imports of gasoline-powered cars in 2024. Its electric-vehicle share now exceeds the global average, although the long-term results of the policy remain uncertain.

2 Nov 2026

Ethiopia became the first country to prohibit imports of gasoline-powered cars in 2024, making electric vehicles a central part of its transport strategy.

The policy has been followed by a rapid rise in electric-vehicle adoption. Ethiopia’s EV share now outpaces the global average, according to the available report.

Despite that growth, the country’s transition remains uncertain. The central question is whether Ethiopia’s decision to prioritize electric vehicles can deliver lasting results.

Sources: Bloomberg Markets.