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Abri Motors, Jingshan Partner to Convert Bajaj Fleet to Electric


Abri Motors, Jingshan Partner to Convert Bajaj Fleet to Electric

Abri Motors has entered a strategic partnership with Jingshan Mining & Supply Chain Technology Plc to convert fuel-powered Bajaj three-wheelers into electric vehicles, marking a shift in efforts to reduce fuel consumption and expand cleaner transport options. The initiative targets the large number of Bajajs operating in urban centres, aligning with government priorities to promote e-mobility and ease pressure on foreign currency reserves. The agreement introduces a flexible battery model, allowing drivers to either rent or own batteries, aimed at lowering entry costs. Abrehet Ayele, CEO of Abri Business Group, said drivers who currently spend up to 24,000 Br monthly on fuel could reduce expenses by more than half, with electric battery use estimated at around 10,000 Br per month. A battery-swapping system is also planned to minimise downtime, enabling continuous operation. Jingshan representative Ding Wan You said drivers will have access to two batteries per day to manage charging cycles. The project is expected to launch within a month, with conversion costs set at 153,000 Br per vehicle. The initiative is expected to improve operational efficiency while reducing fuel dependency, contributing to ongoing efforts to expand electric mobility.

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Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


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MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

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Regional Power Exports Yield $366m as Capacity Hits 9.6GW

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