Hybrid Motors, Chinese firm sign deal for 70,000-Unit EV production

Hybrid Motors Nigeria and Shanghai-based Launch Design have signed a strategic partnership agreement to establish electric vehicle (EV) manufacturing plants in Lagos and Abuja, a development expected to accelerate Nigeria’s automotive industrialisation and clean mobility goals. The agreement, signed in Shanghai on May 8, 2026, will support the production of “Acely,” Hybrid Motors Nigeria’s indigenous […]

Original source: Daily Trust NG