Nigerian market not ready for electric vehicles – Stakeholders

Bisola David
Bisola David
Nigerian market not ready for electric vehicles - Stakeholders

Industry experts have warned against early adoption of electric vehicles in Nigeria.

According to The PUNCH, they cited inadequate power supply, a scarcity of licensed EV technicians, limited charging infrastructure, and the requirement for specific training to service diverse EV models.

“There are still many disputes going on about this. Some major automakers are creating electric vehicles, while others are not,” the Chief Executive Officer of Autogig International Resources Limited, Tope Ojo, said.

“I had the opportunity to meet with a senior executive in the United States, and I asked him which areas of investment Toyota is focusing on: EVs, internal combustion engines, or hydropowered vehicles.

“He simply laughed, stating that they aren’t even sure of the future yet, but the development is just cutting across. They are increasing capacity for all segments. So, that tells you a lot.”

Ojo stated that in order for Nigeria to become EV-friendly for customers, the difficulties must be addressed and charging infrastructure installed in all states.

He stated, “The lithium used to make batteries for electric vehicles is mined somewhere, which presents some issues. However, Nigeria’s car market is not ready for electric vehicles. We must focus on our competitive advantage rather than playing second fiddle. There are several things to consider.”

The Nigerian government has demonstrated dedication to the development of electric vehicles by proposing laws and strategies to encourage the adoption and manufacturing of EVs.

Last year, the National Automotive Design and Development Council purchased locally produced electric vehicles with charging facilities from Nigerian Jet Motors.

The Electric Vehicle Development Plan has begun its final stage for ratification and implementation, which aims to position Nigeria as a leading country in EVs.

Ojo said, “How many certified EV technicians do we have in the country? If you wish to work on BMWs, for example, you must be BMW EV certified. To work on Ford, you must be Ford certified.”

Highlighting the industry’s lag in this area, he underlined the abundance of natural resources such as tin and lithium that must be harnessed.

He emphasized the significance of focusing on and mastering Nigeria’s competitive strengths to improve the economy.

Ojo stated, “Whoever says he wants to develop EV will probably have buyers from somewhere else. But Nigeria is a funny market. I have seen a couple of Tesla vehicles here. Yes, there will be lots of campaigns several firms are developing and all that.”

Several companies are developing electric vehicles in Nigeria. Some of the top electric vehicle startups and firms in Nigeria include TOUR Drive NG, VoltaEV, Hellobikee, Quadricycle Automobile, Trekk Scooters, and Possible Electric Vehicle Solution, among others.

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