FG Makes Move for Local Manufacturing of Electric Vehicles [Video]

• The federal government has secured a new partnership in Morroco for the manufacturing of electric vehicles
• The partnership will enable a Moroccan firm to begin local manufacturing and assembly of electric vehicles (EVs) in Nigeria
• FG believes the initiative will not only help in the reduction of imported vehicles but also create jobs

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The federal government of Nigeria, through the National Automotive Design and Development Council (NADDC), has announced an initiative that will kickstart the local manufacturing and assembly of electric vehicles (EVs).

This move includes a collaborative partnership with a Moroccan firm, signalling a significant step towards bolstering Nigeria’s automotive industry.

Punch reports that Joseph Osanipin, the NADDC director-general/CEO, disclosed the plans following his participation in the …