CIG Motors inks deal on 2,000 electric vehicles deployment

CIG Motors has announced new economic ties by signing a deal with real estate mogul, Dr Ned Okonkwo, for the deployment of electric vehicles.

The company announced this strategic alliance in a statement, emphasising its commitment to a shared vision of innovation and sustainability.

It stated, “Supported by Fidelity Bank, this partnership aims to promote Wuling electric vehicles as the next generation of automotive solutions, ushering in a more sustainable future for mobility.

“Unlocking the partnership with an initial order of 2,000 Wuling EV units, including setting up charging stations across all of Dr Ned Okonkwo’s real estate developments, providing the electric vehicle as an accessory to land and property owners.

“The partner through CIG Mobility is also saddled with power generation and installation to power the charging infrastructure set up across the country.”

Speaking at the signing ceremony, the Chairman, CIG Motors Group, Diana Chen, noted that pioneering the e-mobility path in the automobile industry, the Wuling EV serves as a smart powerhouse with clean energy storage while providing a sustainable future for everyone.

The Executive Director of CIG Motors, Jubril Arogundade, stated that by combining Okonkwo’s business acumen with Wuling and Fidelity Bank’s support, the company was ushering in a new age of sustainability solutions while creating millions of jobs across the country.

He said, “This new partnership is poised to save citizens from the troubles of maintenance, mechanical repairs, emission of carbon, long fueling queues and most importantly help to ease the lives of Nigerians through smart living and green initiatives.”

Speaking on the impact of the new partnership, the Group Managing Director, Nedcomoaks Limited, Dr Ned Okonkwo, revealed that the partnership was born from an encounter with a visionary, like himself.

He said, “The partnership is set to boost economic growth, protect the environment, and improve green energy throughout the country with Fidelity Bank providing accessible financing options for interested persons.”

Celebrating the vision, legendary Nollywood actor, Richard MofeDamijo, acknowledged that the partnership helps bring the future to now with aspirations of having homes that are connected and allow living with ease.