Updated: Jul 28
Horn Affairs | Engineering News | July, 2020
The Marathon Motor Engineering, Plc. is a joint venture between Hyundai Motor Company and the Ethiopian legend Athletic Haile Gebrselassie. The company is located in Addis Ababa, Ethiopia and was founded in 2009. The firm is the official general importer of Hyundai vehicles in Ethiopia.
The Prime Minister of Ethiopia Abiye today reported in his Facebook account that, he has received the first version, domestically built-in electric car, during his tour in Sheger & Entoto Parks, as part of the #GreenLegacy initiative.
"This morning I was happy to receive the first electric car fully assembled in Ethiopia by Marathon Motors. No emission cars help reduce pollution in our growing cities", he added.
For the first time, the company was presenting itself on the press conference of the Haile Resort presentation in Awasa. The company has plans to assemble SUV's for the local market. Some parts of the cars should be manufactured in local production facilities. Currently, the negotiations are still ongoing.
Marathon Motors Engineering launched three newly locally assembled vehicles at its plant.
The All New Atos 1,1-litre, four-cylinder petrol engine which will push out 50 kW of power at 5 500 r/min and an impressive 99 Nm of torque when running at 2 800 r/min, the New Atos has a top speed of 148 km/h and comes with 850,000 birr price.
Mighty EX8 Cargo Truck has payload capacity of 40-45 quintals and estimated to cost around 1.5 million birr.
Beside these three new models, the joint venture firm is planning to assemble Electric cars in the coming three months, which can be charged at a house hold level with 220 volt, the car will have the capacity to go more than 300 km by charging six hours.
Founded almost a decade ago, as importers and distributors of Hyundai passenger and commercial vehicles and parts in Ethiopia, Marathon imports 500-600 cars annually and currently has the capacity to assemble 10,000 of cars annually and introduce 12 new models. Marathon Motors is not the only sole assembler of South Korean made vehicles in Ethiopia.
There are a total of 19 companies that are registered at the Ministry of Trade & Industry to assemble motor vehicles, of which nine are owned by non-nationals.