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By Timour Azhari, Thomson Reuters Foundation
5 Min Read
(Adds comments from energy minister)
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 and struggling to attract investment into renewable energy.
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 180km (112 miles) an hour and goes on sale in Lebanon and Europe in late 2021, pending certification.
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