Zambia’s EV Battery Plant Nears Market Rollout Amid Manufacturing Sector Growth
Commerce, Trade, and Industry Minister Chipoka Mulenga has announced that the Electric Vehicle (EV) battery plant in Chibombo, operated by the Zambia Jiangxi Multi-Facility Economic Zone, is conducting battery trials. The batteries are expected to enter the market by January 2025.
Speaking at the 38th Annual General Meeting of the Zambia Association of Manufacturers (ZAM) in Lusaka, Mulenga emphasized the pivotal role of the manufacturing sector in achieving Zambia’s Vision 2030 to become a prosperous middle-income nation.
During the event, a memorandum of understanding was signed between the Ministry of Commerce, Trade, and Industry and ZAM to bolster the growth of local industries.
ZAM President Ashu Sagar highlighted a 2.5% growth in the manufacturing sector despite challenges. Proudly Zambia Chairperson Kim Otteby noted the meeting’s importance as a platform for stakeholders to reflect on achievements, address obstacles, and shape the future of Zambia’s manufacturing industry.
The EV battery initiative underscores Zambia’s commitment to fostering sustainable industrial growth while driving innovation in clean energy technologies.
