Energy

FG, AfDB partner Saglev on EV manufacturing

Photo caption: Minister of Industry, Trade, and Investment, Jumoke Oduwole. Photo: X @joduwole

 

Saglev Electromobility Company Limited has emphasised its progress in green industrialisation, local manufacturing, and innovation in Nigeria’s automotive sector ahead of official visits from the Federal Government and the African Development Bank.

The electric vehicle manufacturer, in a statement, said its EV assembly and manufacturing facility located in Imota, Lagos, will host two high-level visits this week from the Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, and the President of the African Development Bank, Dr Akinwumi Adesina.

Saglev described the visits as validation of its growing role in Nigeria’s clean energy future and Africa’s wider e-mobility transformation.

The Minister is scheduled to tour the facility on July 30, while Adesina will visit on July 31, to assess the progress Saglev has made in advancing sustainable industrial development and climate-resilient transport infrastructure in the region.

Chief Executive Officer of Saglev, Dr. Sam Faleye, hailed the visits, stating, “These visits by national and continental leaders validate our commitment to Nigeria’s industrial future and Africa’s clean transportation revolution.

“We welcome the Minister, Dr. Jumoke Oduwole, and Dr. Akinwumi Adesina as they witness firsthand the progress being made.”

Saglev, which describes itself as Nigeria’s pioneer indigenous EV assembler and manufacturer, currently produces 16 electric vehicle models, ranging from ride-hailing cars and status sedans to mid-sized delivery vans, BRT buses and utility trucks.

The company noted that it plays a leading role in promoting local content, technology transfer, creating jobs, and import substitution within the green mobility ecosystem.

Saglev said the visits demonstrate continued high-level support for industrial transformation, adding that the collaboration with the Federal Government and the AfDB highlights confidence in the capacity of Nigerian firms to lead Africa’s energy transition.

“Our facility showcases what is possible when innovation, policy support and regional development financing come together to solve big challenges like climate change, unemployment and logistics efficiency,” the company said.

The company added that it remained committed to driving Nigeria’s transition to clean energy mobility while boosting indigenous capacity across the value chain of electric vehicle production.

 

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