Technology

Innoson Launches First Locally-Made Electric Vehicle

Innoson Vehicle Manufacturing Company is thrilled to unveil its inaugural electric vehicle made domestically.

Cornel Osigwe, the Head of Communications and Corporate Affairs at IVM, took to Facebook to celebrate this landmark moment, emphasizing its importance for Nigeria’s automotive sector.

Isigwe stated that the electric vehicle was produced at IVM’s cutting-edge facility in Nnewi, Anambra State, representing a major milestone for the nation’s automotive industry.

He said, “I just test-drove the first Innoson vehicle Electric vehicle produced in Nnewi. We are just starting.”

Osigwe noted that this is IVM’s first venture into electric vehicle manufacturing, though specifics about pricing, production numbers, and the commercial release schedule were not provided.

Nevertheless, he asserted that the first batch of IVM electric vehicles has already been completely sold out.

Osigwe revealed that since posting the vídeo “We have received hundreds of calls and upfront payment from interested clients who want to be the first set to drive the Innoson Electric Vehicle. My inbox was filled with enquiries on the prices.

“The initial limited quantity is now entirely sold out.”

Electric vehicles are crucial for cutting down carbon emissions from road transportation, which contributes to more than 15% of global energy-related emissions, according to the International Energy Agency (IEA).

The electric vehicle market has seen significant expansion in recent years due to improvements in range, variety, and performance.

By 2023, electric passenger cars account for roughly 18% of new car sales, highlighting their growing appeal and the global move towards sustainable transportation solutions.

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