The first electric car assembled in Nigeria by Sokoto-born Aliyu Jelani-led National Automotive Design and Development Council is the cynosure of all at the ongoing trade fair holding in Sokoto.
 
Jelani, an erstwhile America’s General Motors designer of 2004 Pontiac G6 and 2010 Chevrolet Volt is currently the Director-General of the National Automotive Design and Development Council…
 
More details through:
https://punchng.com/electric-car-debuts-at-sokoto-trade-fair/
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More new cars were registered in Lagos last year, 2020, despite COVID-19 and the economic challenges it brought along. It would appear shocking, considering decline in incomes and the need for people to shore up their savings as the year turned out increasingly unpredictable…
 
More details through:
https://businessday.ng/business-economy/article/lagosians-bought-more-cars-in-2020-despite-covid/
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The year 2020 will most probably be recorded in history as one of the most challenging years the world had to face – the human tragedy of the COVID- 19 pandemic and the devastating impact on business across the globe.
 
The automotive industry was not spared the subsequent effect of this pandemic, with some domestic markets experiencing extraordinary challenging trading conditions. However, the JAC Motors Group, one of the rising stars in the automotive industry, has announced that its annual sales in the Chinese domestic market have grown to 453 000 units.
 
This sales performance is 7.6 per cent higher YoY despite new-vehicle sales of the most prominent car market in the world declining by 1.4 per cent YoY, mainly due to the impact of COVID-19…
 
More details through:
https://www.newtelegraphng.com/jac-motors-recording-growth-in-nigeria-others/
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The Federal Government has said its reforms in the automotive industry attracted investments worth over $1bn in 2019. The Director-General, National Automotive Design and Development Council, Mr Jelani Aliyu, made this known at the House of Representatives in Abuja on Wednesday.
 
The House had set up an ad hoc committee which is organising a two-day investigative hearing on the budgetary approvals and multilateral donations on skills acquisition and related programmes of the Federal Government and its agencies.
 
Aliyu said, “We have the core responsibility of developing the automotive sector. That is to encourage and promote the assembling and production of the vehicle in Nigeria, as opposed to continued importation of them from overseas and exporting jobs and revenues outside of Nigeria…
 
More details through:
https://punchng.com/automotive-industry-attracted-1bn-in-2019-says-fg/

Hyundai Motors Nigeria has launched locally assembled petrol-powered Hyundai Kona and the all-new 2021 Hyundai Grand i10 Sedan into the Nigerian market.
 
The company had launched the Hyundai Kona Electric last year in Lagos and Abuja respectively. The new petrol-powered cars are to provide options to the Hyundai Kona Electric vehicle customers. The brand’s Head (Sales and Marketing), Gaurav Vashisht, said HMNL launched the petrol-powered option of Kona for its regular customers, according to a statement signed by the automobile’s Marketing & Media Lead, Olu Ibironke…
 
More details through:
https://punchng.com/hyundai-launches-petrol-electric-cars-in-nigeria/

Nigeria has imported 4.25 million used vehicles as local production slumped by 57.2 per cent from 350,000 units to 150,000 units within four year.
 
The used vehicles were shipped into the country between 2017 and 2018 when exchange rates was between 367 and 379.5 per dollar. Data obtained from International Trade Administration (ITA) revealed that 734,659 units of used vehicles were imported into the country in 2017, while in 2018, it ferried 1.22 million units; 2019, 1.3 million units and 2020, one million units.
 
Although, the imports was reduced by 23.1 per cent last year from 1.3 million units to one million units, the trade portal noted that total global vehicles importation into the country was $11.24 billion between 2018 and 2020, noting that the country received $2.24 billion worth of used vehicles in 2018, $5.63 billion in 2019 and 2020 $3.37 billion…
 
More details through:
https://www.newtelegraphng.com/used-vehicle-import-hits-4-25m-units/
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Jelani Aliyu, Director-General of the National Automotive Design and Development Council (NADDC), has declared that the automotive testing centers in Lagos, Enugu, and Zaria in Nigeria should be operational this year.
 
While speaking in a news interview, the DG, announced that the Federal Government is going all-out in its industrial revolution plans, made this revelation. In his address, Aliyu noted that the testing facilities in Lagos, Enugu, and Zaria, which are currently in the final stage, will not only provide technical support services to key players in the automotive sub-sector but will also ensure that the automotive industry complies with global standards…
 
More details through:
https://dailytimes.ng/automobile-testing-centers-in-lagos-enugu-and-zaria-to-be-completed-in-2021/

The Federal Government says it is targeting that at least 30 per cent of passenger vehicles in Nigeria will be electric cars by 2020, even as the country is set to key into the electric vehicles revolution.
 
Speaking at the recent unveiling of Nigeria’s first locally assembled electric car, Hyundai Kona, in Abuja, the Director-General of the National Automotive Design and Development Council (NADDC), Jelani Aliyu, said the electric cars have come to stay.
 
Aliyu said Nigeria would not be left out in the transition from fuel-powered vehicles to electric cars. Aliyu said the Federal Government has invested about $1 billion in the auto industry in Nigeria as at 2019. The NADDC boss said the Stallion Group, which led the innovation in electric cars in Nigeria, has invested about $300 million in Nigeria…
 
More details through:
https://www.newtelegraphng.com/nigeria-set-to-key-into-electric-vehicles-revolution-th/

Nigeria’s automotive startup, Autochek, has expanded its operations to Ghana. Building on the work Cheki Ghana (acquired by Autochek in September 2020) has done over the last decade, the technology company is combining technology and data to create a single marketplace for car sales, car loans and car repairs in Ghana.
 
A report by Africa Business Community said consumers in Ghana could now buy cars and access car loans via the Autochek app or website, knowing that every listed car has undergone a 150-point inspection process.
 
The inspection service can also be used for cars outside the Autochek network. Autochek will also enable more effective sourcing and affordable car loans, as well as car repairs and warranties…
 
More details through:
https://www.newtelegraphng.com/nigerias-automotive-startup-expands-operations-to-ghana/
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The Chairman of Peugeot Automobile Nigeria (PAN) and former member of the House of Representatives, Hon. Ahmed Wadada Aliyu, yesterday forecasted that Nigeria will import used cars and motorcycles worth $7.7 billion (N3 trillion) in 2021.
 
He also described the recent tariff reduction on automobiles as a policy somersault from the recommendations of the Automobile Standing Committee set up by the federal government through the Bureau of Public Enterprises (BPE) to examine factors hindering the growth of the automotive sector.
 
Ahmed, during a media parley on, “The tariff regime for automobile assembly plant in the 2020 Finance Bill,” yesterday in Abuja, also accused the Comptroller-General of Customs, Col. Hameed Ali (rtd), of succumbing to the lobby of vehicle dealers with no matching investments in local vehicle assembly…
 
More details through:
https://www.thisdaylive.com/index.php/2021/01/13/peugeot-forecasts-nigeria-importing-n3tn-used-vehicles-motorcycles-in-2021/
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