EMVC, UK firm partner to launch Nigeria’s first indigenous EV company

Must read

- Advertisement -spot_img


Electric Motor Vehicles Company (EMVC) has signed a five-year deal with UK-based Jupiter Lithium Limited to set up Nigeria’s first indigenous electric vehicle (EV) manufacturing company.

The landmark partnership aims to develop a full lithium-to-EV production chain, boosting Nigeria’s role in the global green economy. According to Dr. Stephen Davis, Chairman of Jupiter, the initiative will unlock Nigeria’s mineral wealth while building a strong, local supply chain from lithium extraction to EV assembly.

Read also:


“This isn’t just about cars  it’s about shaping Nigeria’s sustainable future,” he said.

Prince Mustapha Audu, EMVC Chairman, revealed the project will be based on over 100 square kilometres in Kaduna State and will promote local manufacturing, reduce battery imports, and create jobs.

“This move will boost Nigeria’s trade balance and increase local capacity in both mining and automotive sectors,” he added.

The venture, managed by Range Mining and Basin Mining, promises technology transfer, skills development, and new business opportunities for SMEs in the supply chain.

With this initiative, Nigeria is driving toward a greener, self-sufficient automotive industry  and small businesses are expected to play a big role.


Discover more from SMALL BUSINESS INSIGHTS

Subscribe to get the latest posts to your email.

adverts@smallbusinessinsights.ngspot_img

More News

- Advertisement -spot_img

Updates

Discover more from SMALL BUSINESS INSIGHTS

Subscribe now to keep reading and get access to the full archive.

Continue reading