Innoson Vehicle Manufacturing (IVM) has revealed its plan to begin the establishment of Electric Vehicles (EV) in Nigeria.
This was revealed by Head, Corperate Communications, Innoson Vehicles Manufacturing (IVM), Mr. Cornel Osigwe during an interview on Arise News.
When asked about the approach of the company towards the Compressed Natural Gas (CNG) and Electrical Vehicles (EV) idea, the spokesperson of IVM said the company has followed up the government policy on CNG and have commenced production of CNG vehicles and have procured equipments for mass production and as well has concluded plans to set up an Electric Vehicle Battery manufacturing plant in Nigeria.
“We have a strategic plan for the production of electric cars in Nigeria,” he says. “The CEO of Innoson Vehicles Manufacturing has concluded plans for the establishment of an Electric Vehicle (EV) manufacturing plant in Nigeria.” Because the major components or materials used in the production of the electric battery are abundant in Nigeria, such as nickel, lithium, and cobalt, and the major component in the production of an electrical vehicle, which is the battery, is also the most expensive item in an electric vehicle.
“Innoson Vehicles Manufacturing which produce the body of the car, with the production of the battery, we can now have our own brand of vehicle in Nigeria” .
Recall that the Innoson Vehicle Manufacturing has mass produced varieties of Compressed Natural Gas (CNG) Buses, a suitable alternative to Nigerians admist the rising price of petrol and diesel.
The media briefing of the CNG vehicles took place at the IVM factory, Nnewi on Tuesday, 6th June. The vehicles, ranges from trucks, mini- buses, ambulances, long buses, SUV and several others.
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At the event, the CEO of Innoson Vehicle Manufacturing, Chief Dr. Innocent Chukwuma assured Nigerians of the safety of the CNG Vehicles and availability of various kinds of cars.
“We manufacture according to demand. why we manufactured these buses is because there is a demand for them now, during the COVID- 19 Pandemic, we produced more of ambulances, so we are on ground and ready to produce”.
Speaking on the future of alternative fuels, the Innoson Boss says that CNG vehicles brings solution to a total dependence on one or two kinds of vehicles.
“The CNG vehicles are a solution, that’s why we produce them. We made space for CNG, LNG and Fuel so that anyone avaliable in an area can be used to drive the vehicles. Electric cars, bio gas and solar powered vehicles are also produced in this factory”.
The Governor of Anambra State, Prof. Charles Soludo, ably represented by the Commissioner for Industry, Anambra state, Mr. Christian Udechukwu disclosed that Anambra state is gearing up to provide solutions to the challenges facing Nigerians because of the removal of subsidy.
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In his words, “we are aware that Innoson has renewable technologies, CNG, LNG and Solar powered technologies that are able to contribute to mass transport system in Nigeria and other national solutions”.
“The withdrawal of the subsidy has created a shock and the price of fuel has increased by almost 200% leading to restiveness in the Nigerian Labour Congress, the trade unions and other Nigerians. The cost of transportation has risen apparently and one of the ways the government can alleviate that is by introducing mass transit systems that run on alternative energies as well as fuel. The more you have the ones that run on gas and solar, the greater the chances of a stable fuel price due to the existence of alternative choices and Innoson offers that”.
He also added that local manufacturing and empowered industries is needed in Nigeria to boost the economy and shrink the national dept profile. All we need is for the industries and everyone else to look to local solutions and Innoson is one.”
Transportation is very crucial to economic development. Beyond movement of people from one place to another, it also facilitates quick and effective distribution of goods and services.
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At this stage in Nigeria’s development, better transportation options is the perfect solution to the rising dependence on petrol and diesel to meet the transportation needs of over 200million persons.
Innoson Vehicle Manufacturing, an indigenous car manufacturing company has produced hundreds of CNG powered vehicles suitable for the Nigerian and African Roads.
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