OMAA Launches New CNG and Electric Buses with Financing

OMAA, a Nigerian vehicle and energy company, has unveiled three new passenger vehicle models: the OMAA U3 minibus, K7 bus, and V12 high-capacity city bus, available in compressed natural gas (CNG) and battery-electric vehicle (EV) variants. This launch coincides with the company’s sixth anniversary and aims to cater to various passenger transportation needs, from small shuttle services to large-scale mass transit operations.

OMAA has opened pre-orders for these models, allowing operators to choose between CNG and electric powertrains based on their requirements. A significant aspect of this announcement is the introduction of OMAA Finance, a financing program developed with leading Nigerian financial institutions, offering repayment terms of up to 48 months.

Financing starts from N890,000 monthly for the OMAA U3 minibus with a 10% initial deposit. Chinedu Oguegbu, Managing Director of OMAA, stated that the new vehicles and financing initiative demonstrate the company's commitment to local automotive manufacturing and providing cleaner, cost-effective transportation solutions.