Malik Ado-Ibrahim, who was the first African to lead the Formula 1 Team global race car competition in 1999, has revealed plans for his automobile company, Nigus Enfinity, to introduce electric cars into Nigerian market in 2018.
Ado-Ibrahim who is chairman of the company, made this known to journalists in an interactive session which held in Abuja on Thursday.
He says the firm will introduce electric vehicles into the Nigerian automobile market in 2018 and that its local assembly plant for electric vehicles will be ready in 2020.
Ado-Ibrahim said several countries across the world have set targets for the ban of petrol-fuelled vehicles with India targeting 2030, and the United Kingdom, 2040.
He said Nigeria and Africa need to look inward to be at the fore of the automotive revolution or risk becoming waste bin for banned vehicles from other countries.
Malik, first African to lead the Formula 1 Team global race car competition in 1999, said his firm which is building 100 megawatts (mw) solar power plant in Katsina and another in Adamawa state, has also partnered with Chinese auto giant, BYD (Build Your Dreams) to bring EVs massively into Nigeria at affordable costs from 2018.
According to him,“We are also working with BYD to get a local brand and start an electric vehicle assembly plant for Nigeria from 2020. Gradually we will move to an EV with the African DNA starting in Nigeria.”