Green and cheap? Doubts dog Lebanon's first electric car
Reuters
1 hr ago
By Timour Azhari
BEIRUT, April 15 (Thomson Reuters Foundation) - Lebanon is launching its first electric car - billed as cheap and green - but sceptics say subsidised power will count for little in a flat economy reliant on fossil fuels.
Designed by Lebanon's EV Electra, the coupe-style 'Rise' is the country's first foray into the electric car market, a fast-growing sector that promises to lower planet-warming emissions.
Costing $30,000, the Rise reaches 180 km an hour and goes on sale in Lebanon and Europe in late 2021, pending certification.
But for all the hype around the sector's rising popularity, from Norway to China, the Rise faces a bumpy journey at home.