Yemi Olakitan
The American electric vehicle maker Saglev has disclosed intentions to open its cutting-edge EV assembly plant in Lagos later this year, which is a big milestone for Nigeria’s automotive industry.
Sam Faleye, CEO of Saglev, fervently spoke in favor of the revolutionary potential of EVs at a press conference organized in Lagos to highlight the benefits of EVs.
He emphasized Saglev’s dedication to modifying its assembly facility in Ikorodu, Lagos, to accommodate the unique climatic and transportation needs of Nigeria.
Faleye presented a convincing argument in favor of the widespread use of EVs in Nigeria, dispelling myths regarding their maintenance costs and affordability.
One of our brand-new EVs costs between N18 and N20 million, he stated. A brand-new Toyota Camry costs roughly N40m in comparison. The affordability of EVs is impressive, especially in light of the escalating cost of fuel in Nigeria.
Faleye emphasized the significant operational cost savings when highlighting the EVs’ financial advantages.
He explained that an electric vehicle (EV) with a full charge may travel up to 300 kilometers on a single charge, which is the same as driving from Oshodi to Ajah ten times.
He reassured me that charging is infrequent, only needed once or twice a week, and that a full charge using a level two charger takes about four hours, easily doable during sleep.
In order to provide EV users with quick access, Saglev aims to install charging stations at each Ardova and Enyo Petrol Station nationwide.
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Faleye emphasized the maintenance expenses of EVs, which she claimed were 50% lower than those of conventional automobiles.
Faleye promoted teamwork and urged neighborhood auto dealers to collaborate with Saglev in order to launch an integrated campaign to bring EVs to the Nigerian market.
While this is going on, Nigerian gas stations and a US electric vehicle manufacturer are working together to install charging stations.
In addition, the business emphasized the advantages of electric cars (EVs) over internal combustion engines (ICEs).
The agreement with Ardova and Enyo gas stations was revealed by SAGLEV CEO and Chairman Dr Sam Faleye.
Between the two businesses, Nigeria is home to more than 500 gas stations, all of which will have charging stations. No additional information or timetables were confirmed.
Faleye claimed that frequent charging and affordability were two common misconceptions concerning EVs, both of which were untrue.
The Nigerian government declared in May that it intended to make at least a third of the EVs sold there in the coming ten years domestically.
Nigeria also approved its National automobile Industry Development Plan (NAIDP) earlier this year in an effort to increase its technological and production capabilities in the automobile sector.
A 2023 study also claimed that Nigeria’s elimination of the fuel subsidy would “substantially” boost the market for electric vehicles.The elimination of the fuel subsidy in Nigeria, according to the Time for Electric Mobility technical brief by Clean Technology Hub and the Africa E-Mobility Alliance (AFEMA), will “substantially” boost the electric mobility market.
