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Home Business News Business

Sanwo-Olu launches Nigeria’s first electric car, to complete Lagos-Badagry expressway

Chike Olisah by Chike Olisah
November 13, 2020
in Business, Spotlight
Sanwo-Olu launches Nigeria's first electric car, to complete Lagos-Badagry expressway
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The Lagos State Governor, Babajide Sanwo-Olu on Friday, November 13, 2020, unveiled the first Nigerian electric car named Hyundai Kona.

The car, which is a product of Stallion Group, was launched at the VON Automobiles Nigeria in Ojo, Lagos State where the car was manufactured.

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The new Kona, an Electric car is regarded in European motoring industry as the world’s number one, with the cost, put at about N24 million

While speaking during the unveiling of the product, Sanwo-Olu observed that VON has over 40 to 50 years of vehicle manufacturing history, when they were assembling various Volkswagen products.

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Governor of Lagos State, Mr @jidesanwoolu today unveiled the first Locally-Assembled Electric Car called Hyundai-Kona at the Stallion Group Automobile Factory, Ojo Lagos. #ForAGreaterLagos @StalliongroupNG @gbenga_omo @drobafemihamzat pic.twitter.com/b8EAN4b6RQ

— The Greater Lagos Project (@GreaterLagosNG) November 13, 2020

The governor was full of commendation for Stallion Group for the noble initiative, just as he promised that Lagos State Government will make provisions for electricity charging points for the vehicle across the state, to make it easy for users to enjoy their Electric Vehicles (EV).

The Governor also promised the completion of the Lagos-Badagry Expressway, which was started under the administration of former governor of the state, Babatunde Fasola, in order to facilitate business activities in the state.

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Sanwo-Olu said, “Lagos-Badagry Expressway which has been expanded from 2 to 10 lanes will soon be complete, we are not rushing the road; we are building a first-class road construction project.’’

The Managing Director, VON Automobiles, Mr Rohtagi Manish, while explaining the essence of the launch, pointed out that Kona will change things positively in the Nigerian auto market.

READ: BMW shuts down European factories over Coronavirus

According to Manish, the changes in global temperature and weather patterns are seen today are caused by human activity. Kona, he said, is one way to respond to the global weather challenges, so as to achieve a greener environment.

This appears to be a huge boost for the promoters of more environmentally friendly automobile and subsequently promote a green environment. This will also help to drive the Federal Government’s efforts to shift focus from petrol-based automobile to vehicles with a cheaper source of energy


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Tags: Babajide Sanwo-OluHyundai Kona
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

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Comments 1

  1. Frank says:
    November 20, 2020 at 6:39 am

    I want to condemn the act of doing or assembling set of cars but not doing the right thing at the right time u are busy lunching at the same time ur people busy dying in the hospital where the cost of paracetamol is equivalent to a cup of rice u are busy lunching cost of car is not less than 5 to 10 million and u say u want to hit the Nigerian road will you open your eyes to buy that small car for yourself? Our government should stop the tricky things that they do we all see them invest in the future of the living masses in Nigeria and Nigeria and Nigerians will be great than the Indians that assemble things Nigeria is good in labour we can do greater than them invest more in labour than outside countries God bless Nigeria God bless Africa.

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