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Daily Newsletter

04 December 2023

Daily Newsletter

04 December 2023

COP28: Nigeria proclaims e-mobility commitment

Nigeria wants to boost local assembly capacity for EVs, establish charging infrastructure

Dani Cole December 04 2023

The Vice President of Nigeria, Kashim Shettima, has stressed the nation’s commitment toward embracing electric mobility.

Shettima was speaking at an inspection of solar powered charging stations for e-mobility.

Nigeria has ambitious plans for its e-mobility strategy and wants to become a pioneer in sustainable transport in Africa.

He said: "E-Mobility deployment aligns with the Nigeria Energy Transition Plan (ETP), addressing emissions, air pollution, and energy security concerns while ensuring a greener future for Nigerians.”

Nigeria's ETP is supported by partners such as Sustainable Energy for All (SEforALL) and the Global Energy Alliance for People and Planet (GEAPP).

The country’s federal government actively supports the transition, which includes boosting local assembly capacity for electric vehicles, establishing charging infrastructure, and enabling private sector participation.

As it looks ahead to COP28 and beyond, Nigeria’s government says it seeks to leverage momentum to attract global investments and foster partnerships for an energy-efficient future.

APAC leads the Connected Vehicle Technologies market in 2023

Consumer demand for features like connected services, in-car infotainment, and ADAS has accelerated the development of connected vehicle technologies. APAC nations have made significant investments in enhancing their digital infrastructure, including the rollout of 5G networks, to provide dependable and quick communication between vehicles and the surrounding infrastructure.

Smart parking market expected to grow at a CAGR of 13.2% by 2030

Urbanization and population growth are the major drivers of the smart parking market as they have a significant impact on parking demand, traffic congestion, and the need for efficient urban infrastructure. Smart parking systems assist in optimizing the use of current parking facilities by providing real-time information on available spaces and decreasing the time and effort spent looking for parking.

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