Nigeria EV Manufacturing Plant Announced with South Korea Partnership

On January 30, the National Automotive Design and Development Council announced a major step toward a Nigeria EV manufacturing plant as the Nigerian Ministry of Industry, Trade, and Investment signed a memorandum of understanding with South Korea’s Asia Economic Development Committee to advance electric mobility development across the country.

Nigeria EV Manufacturing Plant Framework and Scope

The Nigeria EV manufacturing plant will be developed through a phased execution model designed to accelerate market entry while building long-term industrial capability. Initial phases will focus on electric vehicle assembly, with subsequent stages expanding into complete in-house production operations.

Production Capacity and Industrial Impact

Once fully operational, the facility is expected to reach an annual capacity of 300,000 electric vehicles, strengthening domestic automotive manufacturing and supporting Nigeria’s transition toward cleaner mobility solutions. The project is also projected to generate approximately 10,000 jobs across manufacturing, supply chain, and supporting services.

Charging Infrastructure and National EV Ecosystem

Alongside vehicle production, the partnership emphasizes the development of critical EV charging infrastructure nationwide. This integrated approach is intended to support EV adoption at scale, reduce range concerns, and establish a sustainable electric mobility ecosystem aligned with Nigeria’s industrial and energy goals.