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Hybrid Motor Nigeria Signs Deal for 70,000 EV Production

Hybrid Motor Nigeria signed a significant agreement with a Chinese firm on May 8, 2026, to produce 70,000 electric vehicles (EVs) annually. The partnership aims to leverage local market knowledge and global engineering expertise to design and assemble vehicles tailored to Nigerian road conditions.

Chief Executive Officer Jubril Arogundad emphasized the commitment to building Nigeria's automotive future, while Wang Xun, CEO of the design launch, described the collaboration as a major opportunity to contribute to Africa's automotive manufacturing ecosystem. The manufacturing plant will be located in Lagos, with an annual capacity of 50,000 units, serving as the primary assembly hub, while a secondary facility in Abuja will target 20,000 units for northern Nigeria and neighboring Sahel markets.

The project is expected to reduce logistics costs, improve efficiency, and create jobs across multiple regions, aligning with Nigeria's clean energy ambitions and the federal government's automotive industry development plan.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

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