US EditionNigeria To Begin Electric Vehicle Production, Signs Deal With South Korea’s AEDC
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Strongly dependent on imported vehicles, especially used vehicles, Nigeria is building on its new partnership with South Korea to launch an electric vehicle factory and try to regain control of a market largely dominated by foreign supply.
Nigeria Signs MOU with South Korea To Establish Electric Vehicle Manufacturing Plant
On January 30, 2026, the Nigerian Federal Government signed a landmark Memorandum of Understanding (MoU) with South Korea’s Asia Economic Development Committee (AEDC) to establish what officials are calling Africa’s first full-scale electric vehicle (EV) manufacturing plant. The Strategic Shift “Nigeria is ready to compete in future-facing industries,” said Senator John Enoh, Minister of State […] The post Nigeria Signs MOU with South Korea To E…
Nigeria To Begin Electric Vehicle Production, Signs Deal With South Korea’s AEDC
The Federal Government of Nigeria has taken a significant step toward deepening technology transfer and renewal energy following the signing of a Memorandum of Understanding (MoU) between the Ministry of Industry, Trade and Investment and the Asian Economic Development Committee (AEDC). The agreement, announced on Monday by the Minister of State for Industry, Trade and Investment, Senator John Owan-Enoh, marked a major milestone in Nigeria’s dri…
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