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World Bank for renewable energy for Vehicles

World Bank for renewable energy for Vehicles Featured

By Patience Longwe

Lilongwe, May 7, Mana: The World Bank has called on Malawi to invest more in renewable energy to promote the adoption of electric vehicles, adding that the adoption of e-mobility has the potential to reduce fuel import costs, and lower greenhouse gas emissions.

World Bank Country Manager in Malawi, Firas Raad, said this in Lilongwe on Wednesday during a workshop held at the Bingu International Convention Centre (BICC) on pioneering electric mobility in Malawi.

Raad said saving money on fuel imports and reduction of greenhouse emissions could improve the country’s economy, and mitigate climate change.

“I urge authorities to invest more in infrastructure to facilitate the growth of the e-mobility industry in the country" he said, and pledged to continue supporting Malawi government on its efforts to adopt electric vehicles.

Principal Secretary in the Ministry of Transport, Madalo Nyambose, said the ministry is currently developing a regulatory framework aimed at covering electric vehicles in the country.

"This framework will help guide the adoption and use of electric vehicles in the country,” she said.

The World Bank's call to action highlights the potential benefits of investing in renewable energy and promoting the adoption of electric vehicles in Malawi.

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