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Top Electric Vehicle Companies assembling in Nigeria and their owners

The global automotive industry is rapidly shifting toward electric vehicles (EVs) as countries seek to reduce carbon emissions and meet the Paris Agreement’s goal of net-zero emissions by 2050.

Developed economies are leading this transition, while developing countries, including Nigeria, face economic and infrastructural constraints that have slowed adoption.

Nigeria has committed to decarbonising road transportation through EV adoption.

According to the country’s Energy Transition Plan, launched in 2022, it aims for a 100% transition to electric vehicles by 2060, with Lagos State targeting 2050.

The federal government also instituted a National Action Plan for the Development of Electric Vehicles (EVDP), aiming for at least 30% of vehicles produced locally to be electric by 2032, alongside efforts to reduce reliance on imported vehicles.

Despite these policy measures, EV adoption in Nigeria is constrained by limited charging infrastructure, inconsistent electricity supply, and comparatively low economic capacity.

However, private companies have entered the market, assembling and selling EVs domestically while also producing other vehicle types such as saloon cars, SUVs, trucks, buses, and intracity three- and four-wheelers. These initiatives indicate gradual growth in Nigeria’s electric mobility sector.

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