Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / Ethiopia

Local Firm To Launch Bio-Fuel Car

August 2009 | Project News

Ethiopia's Holland Car plans to launch its own biofuel car in November. The car is intended to help the country's flow of foreign currency by reducing the amount spent on fuel imports. Holland Car estimates that the biofuel to be used in the new car will be 25% cheaper than gasoline. Tadaes Tesema, general manager of Holland Car, also stated that the model will be used to promote the use of renewable fuels in the country's

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