Nigeria to get three-wheeler electric vehicle

A finance firm, Independent Capital, has announced its plans to launch a three-wheeler electric vehicle (e-trike) in Nigeria next year.

This is coming on the heels of the plan by the federal government to introduce gas-powered vehicles in the country as a fallout of the removal of fuel subsidy.

Disclosing this in an interview with Daily Trust, the Chief Executive Officer (CEO) of the firm, Dr George Nwangwu, said the launch of the vehicle is aimed at a transformative leap towards sustainable transportation in the country.

Nwangwu said the firm was blazing the trail in the country with the vehicle and by championing green innovation, facilitating it as well as supporting the projects across Nigeria.

• NNPP founder, Aniebonam, holds special prayers for Kano gov
• Buhari’s ex-budget minister joins Edo governorship race

“It is charting new territories in the realm of sustainable finance by announcing ambitious plans that signify a paradigm shift in Nigeria’s approach to eco-friendly initiatives,” he added.

The unbundling of its three-wheeler electric vehicle (e-trike), he said, signals a significant move towards eco-conscious mobility.

The CEO further said the company is committed to establishing a robust network of solar-powered charging infrastructure to support the operations of its e-trike fleet.

He said the innovative strategy not only tackles the obstacles associated with adopting electric vehicles but would also actively contribute to the establishment of a sustainable energy ecosystem.

Also speaking, the Chief Finance Officer (CFO) of the company, Mr Moses Saromi said, “With the e-mobility sector undergoing significant developments, driven by environmental concerns, technological advancements and shifting government policies, our firm is poised to play a pivotal role in shaping the future of transportation in Nigeria.”