Many Nigerians are purchasing electric vehicles as a result of the high cost of fuel, Innoson Motors CEO and managing director Innocent Chukwuma has said.
In a Friday interview with Channels Television, Chukwuma added that the increasing interest has inspired him to create electric vehicles locally.
Chukwuma commented on the rising cost of gasoline and stated that everyone in the nation is being impacted by the current state of the economy, including business activities.
Nigeria can build vehicles from the ground up, according to the businessman.
According to him, poor sales are impeding the localisation of some automotive components, such as automobile engines, even though the nation’s automotive industry is capable of producing cars from start to finish.
He revealed that after the company hits the 10,000 vehicle yearly sales objective, Innoson Motors intends to localise the production of automobile engines and other parts.
Chukwuma stated that reaching this goal will open the door for the establishment of an engine factory in Nigeria.
speaking to this, Ifeanyi Peter opined that the government should encourage electric vehicle creations in the country just like they are doing with the CNG vehicle.
He added,
TimesNow.com.ng reported that Nord Motion, a Nigerian automobile company recently unveiled its new Nord A3 and the Nord A9 vehicle.
The new designs which were launched on October 3rd have since seen massive reaction from Nigerians who are awestrucked by its features.
The Nord A9, regarded as the first mid-sized SUV is designed to set a new benchmark for modern SUVs.
Source: TimesNow.com.ng
