BICA Group has revealed that individuals and companies can reduce annual vehicle energy costs from approximately K90,000 to K16,200 by switching from a petrol-powered vehicle to an electric vehicle (EV). In May 2026, Secretary to the Cabinet Patrick Kangwa disclosed that government spent about US$758 million on fuel for public institutions in 2025. Speaking in an interview with Zambian Business Times-ZBT, BICA Group Chief Executive Officer, Howard Mwape said the economic case for electric vehicles should be assessed by comparing the cost of powering vehicles over the same distance, alongside the initial purchase price and other ownership expenses. Mwape explained...
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