• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Nigeria may benefit from this Volkswagen, Siemens Africa deal  

Chidinma Nwagbara by Chidinma Nwagbara
November 6, 2019
in Business News
Nigeria may benefit from this Volkswagen, Siemens Africa deal  

Thomas Schafer

Share on FacebookShare on TwitterShare on Linkedin

The automotive industry in Nigeria may be the beneficiary of a new joint development agreement between Volkswagen and German-based Siemens company.

The project, which is said to be an electric mobility feasibility project for Africa, was announced by the Chief Executive Officer (CEO) of Volkswagen Group South Africa, Thomas Schäfer.

Electric cars are relatively new in Africa, so this joint agreement is set to make it popular by introducing Volkswagen electric cars. The first stop for this is Kigali, Rwanda. According to Schafer, four e-Golfs and one charging station would be launched during the pilot phase of the project.

RelatedStories

Volkswagen to introduce e-tractors in Nigeria to boost agricultural mechanization

Volkswagen to introduce e-tractors in Nigeria to boost agricultural mechanization

February 23, 2025
Kariega Plant Volkswagen

Volkswagen set to invest $210 million in South African plant

April 17, 2024

Nigeria may benefit from this Volkswagen, Siemens Africa deal  

What you should know: Schafer made known that Siemens would provide the charging infrastructure for the electric cars. He also spoke on why Rwanda is the first go-to country for the launch of the electric car.

“With the launch of the pilot project, Rwanda becomes the first African country to introduce a Volkswagen electric car, Rwanda has a young and progressive population that appreciates individual and modern mobility. Together with our development partner Siemens and with the support from the government of Rwanda, Volkswagen wants to make the e-Golf pilot project in Rwanda a blueprint for electric mobility in Africa,” he said.

[READ MORE: Royal Exchange announces acquisition deal]

Speaking on the partnership, the CEO of Siemens Southern and Eastern Africa, Sabine Dall’Omo, said the partnership with Volkswagen on the project solidified Siemens’ commitment not only to Rwanda but to other African countries.

Expansion plans: Volkswagen said that although it had significantly expanded its engagement in Africa with the establishment of the assembly facilities and marketing activities in Nigeria, Kenya and Rwanda, it had more countries to take on as Ghana and Ethiopia had been planned as the next locations.

What you should know: Electric cars are automobiles powered by rechargeable batteries charged with electricity and not dependent on diesel. It was first produced in the 1880s but the acceptance was low then before gaining prominence due to environmental issues like climate change and pollution.


Follow us for Breaking News and Market Intelligence.
Tags: Sabine Dall’OmoSiemensThomas SchäferVolkswagen
Chidinma Nwagbara

Chidinma Nwagbara

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - chidinma.nwagbara@nairametrics.ng

Related Posts

Volkswagen to introduce e-tractors in Nigeria to boost agricultural mechanization
Agriculture

Volkswagen to introduce e-tractors in Nigeria to boost agricultural mechanization

February 23, 2025
Kariega Plant Volkswagen
Business

Volkswagen set to invest $210 million in South African plant

April 17, 2024
Dr. Sam Amadi, NERC
Energy

Grid failure: Signing off on deals like Siemens means building on weak infrastructure – Sam Amadi

September 15, 2023
First of ten Siemens mobile substation to arrive Nigeria in January 2023 – Minister
Energy

First of ten Siemens mobile substation to arrive Nigeria in January 2023 – Minister

December 28, 2022
Ekiti Knowledge Zone, facts about Nigeria’s first knowledge Free Trade Zone
Business News

FG says it’s committed to partnership with Siemens to boost electricity generation

October 21, 2022
TETFund seeks increase in education tax to 3% as Buhari approves N320 billion disbursement
Business

Buhari’s aide says Peter Obi lied about Nigeria stalling Siemens deal

July 5, 2022
Next Post
NSE moves to protect investors’ data , Ekiti, Osun, Delta, Imo, 9 others raise over N500 billion bonds in 10 years, Equities: Foreign investors remain net sellers of Nigerian equities, Top 10 stockbroking firms traded N1.35 trillion on stocks in 2019, Equities: A bullish run to start the year, NSE to sustain growth in 2020, CEO assures, Commodities , NSE PUBLISHES GUIDANCE TO FACILITATE EFFECTIVE VIRTUAL MEETINGS FOR STAKEHOLDERS AMIDST COVID-19

Ekiti, Osun, Delta, Imo, 9 others raise over N500 billion bonds in 10 years 

Comments 2

  1. Niran says:
    November 8, 2019 at 8:06 am

    I am a self confessed fanatic of electric cars or Evs. I have been closely following trends in EV development and the greatest obstacle to the introduction of EVs in Nigeria is the almost non-existent power generating infrastructure and the the seize mentality of the oil canals in Nigeria. In spite all of this it gives me a sense of hope that my refusal to replace my Volkswagen golf mk2 with another money wasting petrol vehicle and fast and pray for the e- golf to come to Nigeria may not be in vain. I hope in future I and other Nigerian will possess the knowledge and skills to send all these environmentally and pocket unfriendly petrol/diesel engine to the scrap yard and replace them with at least 800 horse power electric motors.

    Reply
  2. Niran says:
    November 8, 2019 at 8:21 am

    Sorry it is cabal and not canal. Autocorrect can be a nuisance

    Reply

Leave a Reply Cancel reply

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

arco
arco
access bank
nairametrics
first bank









DUNS

Recent News

  • Fintech holds key to Africa’s $17 trillion real estate market – Virety CEO 
  • Bank of Agriculture secures $200 million Livelihood Support Fund for displaced Nigerians  
  • Lagos Free Zone remains the best investment destination for Nordic businesses in Nigeria – CEO, LFZ, Adesuwa Ladoja 

Follow us on social media:

Recent News

Fintech holds key to Africa’s $17 trillion real estate market – Virety CEO 

Fintech holds key to Africa’s $17 trillion real estate market – Virety CEO 

October 25, 2025
Bank of Agriculture secures $200 million Livelihood Support Fund for displaced Nigerians  

Bank of Agriculture secures $200 million Livelihood Support Fund for displaced Nigerians  

October 25, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics