Nigeria Positioned as West Africa’s Electric Vehicle Manufacturing Hub

Nigeria is aiming to become a key electric vehicle manufacturing hub in West Africa, according to BYD Motors’ Managing Director, Moses Ayom. A recent exhibition in Nasarawa showcased BYD’s electric cars, which feature significant range and cost-effective charging solutions. With collaborative efforts and planned local assembly, BYD targets to make EVs accessible to more Nigerians. Key leaders stress the importance of investments in this sector to harness Nigeria’s potential.

Mr. Moses Ayom, the Managing Director of BYD Motors Nigeria, emphasized Nigeria’s potential to become a hub for electric vehicle (EV) manufacturing and marketing in West Africa, primarily through partnerships. Speaking at an exhibition at the Tukur Buratai Research Centre in Nasarawa State, he noted that BYD, which stands for “Build Your Dream,” aims to integrate Nigeria into the global shift towards EVs, comparable to the current trend in China where 85% of cars sold are electric.

Ayom expressed optimism for Nigeria’s leadership in the West African EV market, noting China’s target to fully transition to electric vehicles by 2030. At the event, BYD’s Technical Head, Mr. Rhak Argo, highlighted the capabilities of two exhibited EV models, which can travel 510 kilometers and 610 kilometers on a full charge. Also included are home charging kits that recharge the vehicles in about eight hours for approximately N14,000, providing a week’s worth of energy using the vehicle’s capabilities.

Plans are underway for BYD to establish an assembly plant in Nigeria to cater to rising demand once their brand gains traction. Senator Abdulaziz Yari, attending as the Special Guest of Honour, praised BYD’s initiative and encouraged further investment in the EV sector from both individuals and corporations.

The research centre’s Chairman, retired Lt.-Gen. Tukur Buratai, pointed to the cost of electric vehicles as a primary barrier for Nigerians. He affirmed BYD’s commitment to making a significant impact in this sector. With rising economic challenges, he highlighted a growing awareness of environmental concerns and the need for alternative energy sources.

The partnership with BYD Motors seeks to explore avenues for reducing vehicle costs, while the event also showcased the Ketti District—projected as “Africa’s First Net-Zero Green City”—alongside furniture products developed with the Nigerian Export Processing Zones Authority.

In summary, Nigeria is poised to become a major player in the electric vehicle market within West Africa, leveraging partnerships and technological advancements. Key figures from BYD Motors outlined their strategies for overcoming challenges such as cost while emphasizing environmental sustainability and economic adjustments. The establishment of local assembly facilities is anticipated as a crucial step towards achieving affordability and market acceptance of electric vehicles in Nigeria.

Original Source: nannews.ng