Nigeria mobile energy storage vehicle equipment manufacturer

EMVC and Jet Motor Company are probably the only two EV companies in Nigeria that have four-wheeled EVs fitted with some of the features you'd find in a more expensive and bigger EV like Tesla. However, most companies' focus on two and three-wheeled EVs is a result of the cost of producing four-wheeled ones.

Possible EVS wants to become Nigeria's first manufacturer of electric vehicles. Possible EVS, a Nigerian electric mobility firm, is set to launch EV assembly plants in Nigeria that will produce up to 10,000 EVs annually.

Electricity supply is abysmal in Nigeria; the startup operates a hybrid electric charging station, a 50% mix of solar energy and grid electricity supply. The company plans to deploy a completely off-grid solution which Olaosebikan explained was a cheaper alternative.

But Nigerian startups are taking on this challenge head-on by producing EVs locally. Companies like Siltech are leading the way by manufacturing electric vehicles with 60% of their parts and raw materials sourced locally.

Like its automobile manufacturing market, Nigeria's EV market is still in its infancy, with the country far from making a significant impact on global EV development or manufacturing. Get our fun 5-minute roundup of happenings in African and global tech, directly in your inbox every weekday, hours before everyone else.

And while some Nigerians are launching EV startups in the hope of securing a slice of the market for Africa, some stakeholders like Tope Ojo, Chief Executive Officer of Autogig International Resources Limited, feel Nigeria isn't ready for the EVs. Ojo pointed out infrastructure challenges, such as the availability of electricity and EV technicians.