Ethiopian Investment Holdings Partners with Dodai to Boost Sustainable Urban Transportation

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.