Key Developments
Nigerian Automaker Innoson Unveils First Locally Produced Electric Vehicle in Nigeria
Nigerian automaker Innoson Vehicle Manufacturing Company (IVM) has made a significant stride in the country’s automotive industry with the unveiling of its first locally produced electric vehicle.
The company’s Head of Communications and Corporate Affairs, Cornel Osigwe, confirmed the development.
Osigwe shared a video of himself test-driving the new electric vehicle, marking a milestone in IVM’s journey towards sustainable transportation.
While specific details about the vehicle’s pricing, specifications, and commercial release timeline remain undisclosed, the announcement is a major boost for Nigeria’s growing electric vehicle market.
Innoson’s entry into the electric vehicle space comes as the country faces rising fuel prices and increasing interest in cleaner transportation options.
The government’s ambitious target of having 30% of all vehicles electric by 2025 has further spurred the development of the electric vehicle industry in Nigeria.
As the country continues to embrace electric mobility, Innoson’s locally produced electric vehicle could play a significant role in reducing dependence on fossil fuels and promoting sustainable transportation.
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