Tuesday, October 19, 2021

FG unveils first locally assembled electric car by Hyundai

Must Read

Diaspora Group Calls For Sack of INEC Chairman, Commissioner Over $4M bribe

Accuses Gov Obiano of Complicity.. Petitions US, UK Embassies For VISA Ban... The Diaspora Commitee On Good Governance and Electoral Reforms...

UNILORIN set to construct hydro power plant, says VC

The University of Ilorin has concluded plan to construct a hydro power plant to be propelled by the river...

Ember months: FRSC Suleja takes campaign to motor park

A Federal High Court in Lagos, on Monday, ordered Ogun State Assembly and the Nigeria Police to appear before...

The Director-General, National Automotive Design and Development Council, NADDC, Jelani Aliyu, in collaboration with the Stallion Group, has unveiled the first locally-made electric car, Hyundai Kona.

The car has a price tag of N24 million.

The car also has 5 years battery and manufacturers’ warranty, 100 per cent electric, zero-emission and Hassle-free charging at home and workplace.

Speaking at the unveiling in Abuja on Friday, the Director-General said that by 2025, at least 30 percent of passenger vehicles in Nigeria will be electric.

According to him, electric cars have come to stay, adding that Nigeria would not be left out in the transition from fuel-powered vehicles to electric cars.

Mr Aliyu said the Federal Government has invested about $1 billion in the auto industry in Nigeria as at 2019.

The NADDC boss said the Stallion Group, which led the innovation in electric cars in Nigeria, has invested about $300 million in Nigeria.

Also speaking, the Minister of Industry, Trade and Investment, Adeniyi Adebayo, said electric cars would lead to a reduction in fuel consumption and environmental degradation.

He said the Trade Ministry has been working with NADDC to review the automotive policy to further strengthen the automotive industry in Nigeria.

He encouraged automotive plants to invest in developing electric vehicles in Nigeria.

The Chief Executive Officer of Stallion Group, Anant Badjatya, said the company, which has operated for over four decades in the country, has done significant investments in the country.

Mr Badjatya said electric cars are the future of the automobile industry and Nigeria should not delay keying into it.

He said Hyundai Kona is powered 100 percent electrically and has zero-emission.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -
Latest News

Diaspora Group Calls For Sack of INEC Chairman, Commissioner Over $4M bribe

Accuses Gov Obiano of Complicity.. Petitions US, UK Embassies For VISA Ban... The Diaspora Commitee On Good Governance and Electoral Reforms...

UNILORIN set to construct hydro power plant, says VC

The University of Ilorin has concluded plan to construct a hydro power plant to be propelled by the river feeding the university's small earth...

Ember months: FRSC Suleja takes campaign to motor park

A Federal High Court in Lagos, on Monday, ordered Ogun State Assembly and the Nigeria Police to appear before it, the News Agency of...

Auto crash claims 11 lives in Kwara

The federal road safety corps (FRSC) have confirmed that 11 persons lost their lives in a Road Traffic Crash (RTC) on Sunday. The Kwara Sector...

Kwara police rescue kidnapped twin children of traditional ruler, 3 domestic staff

The Police Command in Kwara has rescued the kidnapped twin girls and three domestic staff of Oba Samuel Adelodun, the Owalobo of Obbo Ayegunle,...
- Advertisement -

More Articles Like This

- Advertisement -