Nigeria’s electric vehicle (EV) market is set for accelerated growth in 2026, as industry executives project rising adoption driven by higher fuel costs, supportive policy signals, and increasing private sector investments.
This is according to separate interviews conducted by Nairametrics with EV distributors and assemblers operating across Lagos, Abuja, and Port Harcourt.
The executives disclosed that customer inquiries more than doubled in 2025, suggesting that 2026 could represent a tipping point for broader adoption among private buyers and commercial fleet operators.