CAWIN introduces 500 electric vehicles and targets annual fuel savings of $3.5 billion

CAWIN Mobility on Monday unveiled plans to deploy 500 electric vehicles for commercial operations in Abuja, saying the initiative could save Nigeria $3.5 billion a year in fuel costs while accelerating the country’s transition to clean transportation.

The company said the project would also reduce carbon emissions by nine million tons a year and increase motorists’ incomes by up to $2,000 a year.

The Managing Director and Chief Executive Officer of CAWIN Mobility, Wayne Ji, disclosed this during the inauguration of the Abuja Electric Vehicle Ecosystem Strategic Partnership and Asset Handover Ceremony as well as the signing of a Memorandum of Understanding between CAWIN Mobility and Blue Camel Energy in Abuja.

The event also saw the signing of agreements for the development of 10 solar-powered electric vehicle charging stations, the country’s first charging station project, the deployment of between 400 and 500 electric vehicles for ride-hailing operations and the establishment of the Abuja Electric Vehicle Technical Excellence Center.

Ji said: “Electrifying public transport in Nigeria can save $3.5 billion a year in fuel costs, reduce carbon emissions by nine million tonnes a year and increase drivers’ incomes by up to $2,000 a year.

“Our goal is to make this transition accessible, profitable and sustainable.”

He described the deployment of 500 electric vehicles and the establishment of the Electric Vehicle Technical Center as the beginning of a new era for Nigeria’s e-mobility industry.

According to him, the initiative demonstrates the company’s commitment to building a cleaner, smarter and more sustainable future, positioning Nigeria to become a leader in electric mobility in Africa.

Ji said the first phase of the project involves the development of a pilot charging station for Nigeria’s electric vehicles under the company’s proposed electric vehicle infrastructure program.

In his welcome speech, CAWIN Mobility Strategic Partner and Consultant, Umar Uba Abubakar, said technology can only be supported through the development of knowledge and skills, stressing that investment in human capital is as important as investment in infrastructure.

Also speaking, the Chief Executive Officer of Blue Camel Energy, Yusuf Suleiman, said the memorandum of understanding establishing AEV Tech represents an investment in Nigerian human capital.

The Managing Director and Chief Executive Officer of the Rural Electrification Agency, Abba Abubakar Aliyu, has reaffirmed the Federal Government’s commitment to the expansion of renewable energy and called for greater collaboration among stakeholders to achieve sustainable economic growth.