{"id":52276,"date":"2023-11-21T19:19:11","date_gmt":"2023-11-21T19:19:11","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2"},"modified":"2023-11-21T19:32:35","modified_gmt":"2023-11-21T19:32:35","slug":"hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2","title":{"rendered":"HH Invites BYD To Boost Electric Vehicle Industry in Zambia"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>In a significant move towards reducing petroleum dependence and advancing the green agenda, President Hakainde Hichilema has extended an invitation to BYD (Build Your Dream), a global leader in electric vehicle (EV) manufacturing, to invest in Zambia. This collaboration seeks to leverage Zambia\u2019s abundant mineral resources for the production of EV components, with the dual goals of job creation and environmental sustainability.<\/p>\n

President Hichilema\u2019s visit to BYD in Shenzhen, China, underscored Zambia\u2019s commitment to transitioning towards cleaner transportation options while harnessing its natural wealth. The President expressed optimism about the potential of this partnership, given BYD\u2019s innovative prowess and its staggering workforce of 700,000, which includes 70,000 engineers.<\/p>\n

\u201cWe continued our tour of duty here in Shenzhen, China, with a visit to BYD (Build Your Dream), a company that is among the world\u2019s largest electric vehicle manufacturers, by volume of sales,\u201d President Hichilema remarked during his visit. \u201cThrough their Chairman and founder, Wang Chuanfu, we invited BYD to consider investing in Zambia that has the right mineral resources necessary for producing their components.\u201d<\/p>\n

He further emphasized Zambia\u2019s determination to transform into an industrial hub through value addition to its minerals, thereby creating job opportunities and fostering economic growth. Zambia currently grapples with soaring petroleum bills, contributing to the high cost of living. The intention is to gradually shift towards electric vehicles, particularly for public service transportation, to alleviate this burden.<\/p>\n

\u201cThese innovations will equally reduce vehicle emissions and help address environmental challenges as we deal with climate change,\u201d President Hichilema noted, highlighting the alignment of this initiative with global environmental goals.<\/p>\n

One of the key benefits of the proposed collaboration lies in its potential to empower Zambia\u2019s youth, especially those aspiring to venture into engineering. BYD\u2019s unique policy encourages each engineer to innovate a new project or idea every day, resulting in a new patent every 15 days. This commitment to innovation aligns well with Zambia\u2019s ambitions for its young population.<\/p>\n

\u201cZambia on the move!\u201d President Hichilema affirmed, underlining the nation\u2019s determination to foster sustainable development and environmental stewardship.<\/p>\n

President Hichilema emphasized the pivotal role of electric motor vehicles in mitigating environmental challenges associated with traditional gasoline and diesel vehicles. He reiterated that their continued development and adoption were central to achieving a cleaner and more sustainable future for transportation.<\/p>\n

BYD Chairman and President Wang Chuanfu expressed his company\u2019s readiness to establish a robust value chain in the electric car business in Zambia. He lauded Zambia\u2019s stable business environment as conducive for such endeavors.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. In a significant move towards reducing petroleum dependence and advancing the green agenda, President Hakainde Hichilema has extended an invitation to BYD (Build Your Dream), a global leader in electric vehicle (EV) manufacturing, to invest in Zambia. This collaboration seeks to leverage Zambia\u2019s abundant mineral resources for the production of EV components, […]<\/p>\n","protected":false},"author":84,"featured_media":52275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[234,235,233],"class_list":["post-52276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nHH Invites BYD To Boost Electric Vehicle Industry in Zambia - Zambia<\/title>\n<meta name=\"description\" content=\"In a significant move towards reducing petroleum dependence and advancing the green agenda, President Hakainde Hichilema ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HH Invites BYD To Boost Electric Vehicle Industry in Zambia\" \/>\n<meta property=\"og:description\" content=\"In a significant move towards reducing petroleum dependence and advancing the green agenda, President Hakainde Hichilema ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-21T19:19:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-21T19:32:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2023\/11\/sm_1700582453.808917.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"HH Invites BYD To Boost Electric Vehicle Industry in Zambia\",\"datePublished\":\"2023-11-21T19:19:11+00:00\",\"dateModified\":\"2023-11-21T19:32:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2\"},\"wordCount\":445,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2023\/11\/sm_1700582453.808917.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/hh-invites-byd-to-boost-electric-vehicle-industry-in-zambia-2\",\"name\":\"HH Invites BYD To Boost Electric Vehicle Industry in Zambia - 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