Nigerian Auto Dealers Consider Shift to Electric Vehicles Amid Declining Petrol Car Demand

Nigerian auto dealers, represented by the Association of Motor Dealers of Nigeria, are contemplating a transition to electric vehicles due to the decreasing demand for petrol and diesel cars. Despite challenges like battery performance and maintenance, dealers are exploring the electric vehicle segment as a future transportation option.

The drop in demand for fossil fuel vehicles has prompted a focus on refurbishing existing vehicles rather than purchasing new ones. However, the widespread acceptance of electric vehicles in Nigeria is hindered by infrastructure and technical concerns.

The move towards electric vehicles is expected to gradually increase, with plans for local assembly plants and infrastructure projects in Lagos by 2026.