The Nigerian National Petroleum Company Ltd has contracted Innoson Vehicle Motors (IVM) to produce Condensed Natural Gas-powered cars.
This was disclosed by the Chairman of Innoson Group, Innocent Chukwuma, who equally stated that the company is in top gears towards manufacturing electric cars.
According to him, the Nigerian government will also sponsor the conversion of one million cars to run on gas. Gas is Nigeria’s transition fuel.
Chukwuma said that IVM has been contracted to manufacture cars for the NNPC Ltd.
He said: “I am now producing some vehicles with CNG engine for NNPC. I am almost through with the production and I did the best quality of the CNG cars and it was built from my factory.
“CNG will help everybody because the consumption of CNG is better than fuel. If people can convert to CNG, it will benefit the nation, transport cost will drop down. Nigeria has a lot of CNG wasting”.
On electric vehicles, he said: “The most important thing that I am doing in a vehicle is to build the body, I don’t produce engines, I import engines from engine companies.
“If I want to do electric vehicle, it is the same vehicle, I will buy the battery and other things. It is the same thing. so, electric vehicle is nothing, I can do it easily, because I have the capacity do it. It is very easy. But it is when the demand comes that I will start.”