12 °c
London
Monday, June 27, 2022
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

30% of cars in Nigeria will be electric by 2025

Staff by Staff
February 7, 2021
in Africa, Energy, Environment, Governance, Industry, Nigeria
Reading Time: 1 min read
926 9
0
Made in Africa: iSmart Electric Car Charging Station
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Nigeria’s Federal Government is targeting that at least 30 percent of passenger vehicles in the country will be electric cars by 2025.

Speaking at the unveiling of Nigeria’s first locally assembled electric car, Hyundai Kona, in Abuja on Friday, the Director-General of the National Automotive Design and Development Council (NADDC), Jelani Aliyu, said the electric cars have come to stay.

Aliyu said Nigeria would not be left out in the transition from fuel-powered vehicles to electric cars.

Aliyu said the Federal Government has invested about $1 billion in the auto industry in Nigeria as at 2019.

The NADDC boss said the Stallion Group, which led the innovation in electric cars in Nigeria, has invested about US$300M in Nigeria.

Also read: Made in Africa: iSmart Electric Car Charging Station

The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, said electric cars would lead to reduction in fuel consumption and environmental degradation.

He said the Trade Ministry has been working with NADDC to review the automotive policy to further strengthen the automotive industry in Nigeria.

He encouraged automotive plants to invest in developing electric vehicles in Nigeria.

The Chief Executive Officer of Stallion Group, Anant Badjatya, said the company, which has operated for over four decades in the country, has done significant investments in the country.

Badjatya said electric cars are the future of the automobile industry and Nigeria should not delay keying into it.

He said Hyundai Kona is powered 100 percent electrically and has zero emission.

Source: Daily Trust

Related

Tags: 30% of cars in Nigeria will be electric by 2025auto industryAutomotive industrycarselectric vehiclesenvironmentNigeriaнигерияنيجيرياナイジェリア尼日利亚
ScanSendShare374Tweet234Share65Pin84Send
Staff

Staff

Related Posts

Government

Ramaphosa urges for UN Security Council reform

by FurtherAfrica
June 27, 2022
Energy

TechnipFMC awarded Angola offshore subsea contract

by Energy Capital & Power
June 27, 2022
Energy

Total renewables & gas – the way to Mozambique’s new electricity demand

by Fabio Scala
June 27, 2022
Sonangol
Business

Publication of Sonangol’s accounts awaits statutory obligations

by FurtherAfrica
June 27, 2022
Venture Capital

Nigeria edtech startup Kibo Schoo raises US$2M

by TechGist Africa
June 27, 2022
Angola Oil & Gas 2022
 
AFSIC 2022
 
Great Limpopo Transfrontier Park
 
MozParks

Translate this page

Read the Latest

Government

Ramaphosa urges for UN Security Council reform

by FurtherAfrica
June 27, 2022
0

President Cyril Ramaphosa says there is a need to urgently reform the United Nations Security Council so that it can...

Read more

TechnipFMC awarded Angola offshore subsea contract

June 27, 2022

Total renewables & gas – the way to Mozambique’s new electricity demand

June 27, 2022
Sonangol

Publication of Sonangol’s accounts awaits statutory obligations

June 27, 2022

Nigeria edtech startup Kibo Schoo raises US$2M

June 27, 2022

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?