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EVs
Nigerian EV manufacturer, NEV Electric claims it made $14 million revenue in the past 14 months and projects more than double that figure in 2025. While EV adoption in Nigeria…
Uber and Chinese automaker BYD have launched a multi-year partnership to add 100,000 new electric vehicles (EVs) to the Uber platform, starting in Europe and Latin America, but not in…
Chinese Electric Vehicle manufacturer Chery will invest $20 million in Kenya’s Electric Vehicle sector nearly four months after the country launched its National E-mobility Policy.
Would you drive a Nigerian-made EV? The global EV market is dominated by China, the US, and Europe, but Nigerian companies are making EVs that are tailored to the needs…
On Monday, July 15, 2024 the Lagos State Government announced a $260 million investment to acquire 5,000 new vehicles for its state-owned ride-hailing platform, LagRide. Out of this fleet, 1,000…
Glovo plans to use EV bikes for delivery in some parts of Lagos as it strikes a partnership with Nigerian EV manufacturer, Siltech. Both companies say a pilot will start…
Spiro, an electric vehicle company, has signed a $50 million debt financing agreement with Afreximbank to expand in Africa.
Top stories
Nigerian EV manufacturer, NEV Electric claims it made $14 million revenue in the past 14 months and projects more than double that figure in 2025. While EV adoption in Nigeria is far from mainstream, the market is slowly becoming lucrative.
Uber and Chinese automaker BYD have launched a multi-year partnership to add 100,000 new electric vehicles (EVs) to the Uber platform, starting in Europe and Latin America, but not in Africa.
Chinese Electric Vehicle manufacturer Chery will invest $20 million in Kenya’s Electric Vehicle sector nearly four months after the country launched its National E-mobility Policy.
Would you drive a Nigerian-made EV? The global EV market is dominated by China, the US, and Europe, but Nigerian companies are making EVs that are tailored to the needs of the country. Here are six of them.
On Monday, July 15, 2024 the Lagos State Government announced a $260 million investment to acquire 5,000 new vehicles for its state-owned ride-hailing platform, LagRide. Out of this fleet, 1,000 will be electric vehicles. According to the report, this will demonstrate “the commitment of the State Government to reducing dependence on fossil fuels and pruning…
Glovo plans to use EV bikes for delivery in some parts of Lagos as it strikes a partnership with Nigerian EV manufacturer, Siltech. Both companies say a pilot will start in Ikate, Lekki and Victoria Island in a few months.
Spiro, an electric vehicle company, has signed a $50 million debt financing agreement with Afreximbank to expand in Africa.