Is Nigeria ready for Electric Vehicles?

Episode 126 September 20, 2022 00:41:08
Is Nigeria ready for Electric Vehicles?
Techpoint Africa Podcast
Is Nigeria ready for Electric Vehicles?

Hosted By

Emmanuel Paul Oluwanifemi Kolawole Chimgozirim Nwokoma

Show Notes

Today on the Techpoint Africa Podcast, Bolu sits down with Michael Mandela Oniemola, VP, Business Compliance and Government Relations, Autochek to discuss electric vehicles (EVs) and car financing in Nigeria

Some highlights:

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00:00 - Introduction
01:22 - We meet Michael
02:57 - First thoughts on Nigeria's partnerships to manufacture EVs
04:07 - Is Nigeria ready for EVs?
07:04 - Can Nigerians actually avoid EVs?
11:57 - Can Autochek finance EVs
13:31 - Has there been a reduction in vehicle purchases
17:06 - How do Autochek interest rates work?
21:49 - How Autochek makes money
22:33 - Speaking on Autochek's acquisitions
25:59 - Customer behaviour in the different Autochek markets
28:32 - Solving the problem of trust
32:28 - Challenges unique to Autochek
33:43 - Is there a demand for EVs?
37:09 - Aren't our local manufacturers good enough for the government to partner with?

Useful links

This episode was produced by Ogheneruemu Oneyibo and Gracious Sede

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