• News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

Firm to Empower Nigerians With 5,000 Jobs Through New EV Assembly Plant in Imo

Blessing Joseph by Blessing Joseph
November 21, 2025
in Economy, News
0
Firm to Empower Nigerians With 5,000 Jobs Through New EV Assembly Plant in Imo
Share

A Nigerian clean-mobility firm, EF Motors Limited a subsidiary of EF Network Limited has announced plans to create 5,000 direct jobs and over 20,000 indirect employment opportunities through its new electric vehicle (EV) assembly plant in Imo State.

The company, working in partnership with Chinese technical firm Zhejiang Pukao New Energy Vehicle Co., Ltd., is expected to begin assembling hybrid electric cars by the first quarter of 2026. The 30-hectare plant will roll out more than 40,000 affordable vehicles annually in its first phase, with production projected to hit 100,000 units per year by 2028.

Speaking at the Lagos International Trade Fair in Tafawa Balewa Square, the firm’s Chairman, Gideon Egbuchulam, said the initiative is designed to offer Nigerians low-cost, energy-efficient vehicles while expanding job opportunities and easing transportation burdens.

“Our Orca and Panda models are designed for Nigerian families and taxi operators. They combine electric and fuel-powered engines, offering a total range of up to 385 kilometres. This technology allows users to save between ₦10,000 and ₦20,000 daily in fuel costs,” he said.

Director of Business Development, Chidi Success, noted that federal incentives for local EV manufacturing—including tax waivers—would be passed on directly to consumers, making the vehicles more affordable.

As part of its long-term rollout, the firm plans to establish public charging stations nationwide, powered by both solar and grid electricity. It will also provide after-sales support, spare parts, and countrywide repair services.

Sales Manager at BCBL, Shela Lin, reaffirmed the commitment of the company’s technical partners, stating that BCBL would supply the technology and expertise required for assembly, maintenance, and the training of Nigerian engineers. She added that the collaboration aims to ensure full technology transfer and support Nigeria’s broader goal of building a sustainable automotive industry.

With EV adoption slowly gaining traction across Africa, the firm’s Imo-based project is expected to play a vital role in expanding clean-transportation access while empowering thousands of Nigerians through fresh economic opportunities.

Post Views: 3
Share

Related Posts:

  • Best Chinese Restaurant in Abuja
    The 12 Most Visited Chinese Restaurants in Abuja
  • images (100)
    LOXEA Introduces Electric Vehicles to Nigerian…
  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • FCMB and CIG Motors Partner To Announce N70 Million Loan for Nigerians to Acquire Cars
    FCMB and CIG Motors Partner To Announce N70 Million…
  • Mikano Motors Concludes Plans to Roll out Gas and Electric Vehicles
    Mikano Motors Concludes Plans to Roll out Gas and…
  • SMEDAN Partners with Rolling Energy to Convert 100,000 Vehicles to CNG in 18 Months
    Lagos Residents to Get Free Vehicle Conversion to…
Previous Post

Nigerian Government Backs ETG’s Multi-Million-Dollar Investment Drive, Says 6,000 New Jobs Will Boost Agricultural Transformation

Next Post

FCMB Reaffirms Commitment to Women Entrepreneurs, Hosts 2025 SheVentures Networking Summit

Next Post
FCMB Reaffirms Commitment to Women Entrepreneurs, Hosts 2025 SheVentures Networking Summit

FCMB Reaffirms Commitment to Women Entrepreneurs, Hosts 2025 SheVentures Networking Summit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • FCMB Reaffirms Commitment to Women Entrepreneurs, Hosts 2025 SheVentures Networking Summit
  • Firm to Empower Nigerians With 5,000 Jobs Through New EV Assembly Plant in Imo
  • Nigerian Government Backs ETG’s Multi-Million-Dollar Investment Drive, Says 6,000 New Jobs Will Boost Agricultural Transformation
  • Access Bank SME Academy Empowers Small Businesses with Clarity on Tax, Structure and Growth
  • D’banj Partners UN to Empower Nigerian Youth Through NYPD Initiative

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2025
  • Otabor Osayomore Blessing on Ultimate 2025 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Financial Services
  • Opportunities
  • About Us

© 2023 MSME Africa - All rights reserved.