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Wednesday, July 9, 2025

Liberia: Electric Car Company Meets Regulator Market Investment Plans

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The New Energy Electric Vehicles Liberia (NEEV), an e-mobility startup in Liberia, has met with the Liberia Electricity Regulatory Commission (LERC) to showcase its investment plan for the country.

NEEV aims to revolutionize Liberia’s transport sector by introducing electric and more energy-efficient vehicles, addressing climate change, reducing emissions, promoting sustainable mobility, and fostering economic growth.

During the meeting held on August 5, 2024, at the LERC’s Congo Town Head Office, NEEV’s General Manager, Mr. Molley Paasewe, provided an overview of the company’s legal and operational statutes in Liberia. He emphasized the need for a strong and lasting relationship between the company and the country’s electricity regulatory body.

“What we have brought to the country is a good investment plan that will benefit the country and its people. As an investment group, our aim is to work in the interest of the people – our many customers and the entire Liberia populace. But to achieve all of these, we pray for long-standing collaboration between LERC and our company,” said Mr. Passawe.

The meeting was also attended by the NEEV Project Manager, Madam Princess Mary Tarpeh, who spoke extensively about the company’s plans to expand into renewable energy interventions, all of which she indicated, would require the support of the LERC.

Following an intense round of questions and answers from LERC and NEEV, the government’s electricity regulatory arm pledged its unflinching support to NEEV in its quest to provide quality service within the transport sector.

The LERC team was represented at the meeting by Cllr. Minnie P. Kallon, Director of the Legal, Licensing and Public Affairs Department; Alieu Faud Nyei, Director of the Economic Regulations Department; Abu Dekontee Sanso, Director of the Technical Regulations Department; Jamel Dugbeh, Financial Economist; Nunudeh Johnson, Tariff Economist; and Commissioners Atty. Kla-Edward Toomey and Amara M. Kamara.

 

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