• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Sunday, June 22, 2025
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Electric Vehicles

Nigeria courts China for electric vehicle manufacturing investments

David Ijaseun by David Ijaseun
February 23, 2025
in Electric Vehicles
0
electric vehicle (EV) assembly plant
862
SHARES
11.3k
VIEWS
Share on FacebookShare on Twitter

Nigeria is courting China’s support to establish electric vehicle (EV) assembly plants as part of its broader push for industrialisation. The move aligns with President Bola Tinubu’s agenda to diversify the economy and reduce dependence on oil.

Minister of State for Foreign Affairs, Amb. Bianca Odumegwu-Ojukwu, made the appeal during a visit from Chinese Ambassador Yu Dunham, emphasizing the need for deeper economic collaboration. China, Nigeria’s largest trading partner, accounted for over $21 billion in trade volume in 2024, with Nigeria’s exports to China rising by 25% year-on-year.

READ ALSO

Lucid vs. Rivian: The battle for America’s EV future heats up

Ferrari hits the brakes on second electric car, delays launch to 2028

“We seek China’s partnership in building EV assembly plants to position Nigeria as a regional manufacturing hub,” Odumegwu-Ojukwu stated. She also called for China’s support in digital technology, renewable energy, and agriculture, stressing that food security remains a priority.

China-Nigeria Ties Deepen with Renewed Investments

China has played a significant role in Nigeria’s infrastructure development, funding projects such as the Lekki Deep Sea Port, railway modernization, and industrial parks. Ambassador Yu reiterated China’s commitment to strengthening ties, highlighting the $2 billion currency swap deal aimed at boosting trade and financial cooperation.

“We see Nigeria as a key partner in Africa’s economic transformation. Our collaboration in manufacturing and infrastructure will continue to grow,” Yu stated. He also backed Nigeria’s bid for G20 membership, signaling Beijing’s intent to elevate the country’s global economic standing.

To bolster trade, Odumegwu-Ojukwu urged China to extend its tariff exemptions, already granted to 33 African nations, to Nigerian exporters. This, she argued, would enhance trade flows and deepen economic integration.

Strategic Shift Towards Industrialisation

Beyond trade, cultural exchanges between both nations are expanding. More Nigerian universities are integrating Chinese language studies, reflecting the growing economic interdependence.

Nigeria’s push for EV production aligns with a global shift towards clean energy. With EV sales in Nigeria ranging from ₦12 million ($15,000) to ₦150 million ($187,000), local assembly plants could significantly lower costs and drive adoption.

The discussions with China mark another step in Nigeria’s drive to reposition itself as a manufacturing powerhouse in Africa, leveraging partnerships to accelerate industrial growth.

Read more on Nigeria’s auto industry gets a boost as VON, NADDC partner for growth

Tags: Chinese EVselectric vehiclesmade in Nigeria

Related Posts

Lucid vs. Rivian: The battle for America’s EV future heats up
Electric Vehicles

Lucid vs. Rivian: The battle for America’s EV future heats up

June 19, 2025
Ferrari Second Electric Car
Electric Vehicles

Ferrari hits the brakes on second electric car, delays launch to 2028

June 18, 2025
Tesla drivers in France file lawsuit over Elon Musk’s political outbursts
Electric Vehicles

Tesla drivers in France file lawsuit over Elon Musk’s political outbursts

June 16, 2025
UK lawmakers signal u-turn on EV ‘Tesla tax’ after industry backlash
Electric Vehicles

UK lawmakers signal u-turn on EV ‘Tesla tax’ after industry backlash

June 11, 2025
OceanwalkerS60e
Electric Vehicles

Solar-Electric Oceanwalker S60e promises cleaner, quieter cruising by 2026

June 11, 2025
VinFast posts $712m Q1 loss despite 300% jump in EV deliveries
Business

VinFast posts $712m Q1 loss despite 300% jump in EV deliveries

June 11, 2025
Next Post
The Laraki Sahara

King Mohammed VI buys Morocco’s only two hypercars worth $4.4m

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

How Oliver Blume rose to the top from Audi trainee to Porsche CEO

Storm at Porsche: Shareholders slam CEO’s slumping sales and dual leadership role

May 22, 2025
Mercedes-Maybach Haute Voiture

Mercedes-Maybach’s Haute Voiture: A blend of automobiles and fashion

January 25, 2023
Lando Norris F1 2025 winner Australian GP

F1 2025: Lando Norris triumphs in rain-soaked Australian Grand Prix

March 17, 2025
Uber UK

New minimum wage: Uber, Lyft’s exit leaves 10,000 workers jobless in Minneapolis

March 23, 2024

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • Tesla signs landmark deal for China’s largest grid-scale battery plant
  • Heesen launches Sparta, its biggest yacht at 220 feet long
  • Lucid vs. Rivian: The battle for America’s EV future heats up
  • Tesla pauses Cybertruck and Model Y production to boost efficiency

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In