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Cheap imports, 40% loan rates, threaten Nigeria’s EV manufacturers –ROXETTES Chairman

Nigeria’s push to accelerate electric vehicle (EV) adoption faces several challenges, including high financing costs, limited charging infrastructure and questions over how to balance vehicle imports with the development of local manufacturing. The post Cheap imports, 40% loan rates, threaten Nigeria’s EV…

NairametricsBy Olalekan Adigun
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Cheap imports, 40% loan rates, threaten Nigeria’s EV manufacturers –ROXETTES Chairman
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Original headline: “Cheap imports, 40% loan rates, threaten Nigeria’s EV manufacturers –ROXETTES Chairman”

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