Hybrid Motors secures $95m investment to build EV factory and mega charging stations in Lagos, Abuja

funding round expired 49% AI & Tech

Hybrid Motors Nigeria has secured $95 million in investment to build electric vehicle manufacturing plants and a nationwide charging station network in Lagos and Abuja. This project is among the most ambitious private sector clean mobility initiatives in Nigeria, supported by strategic partnerships from China.

๐Ÿ‡ณ๐Ÿ‡ฌ Location: Lagos, Abuja — Sources: 2 — First seen: Last seen:
electric vehicle investment clean mobility charging stations Nigeria

Linked Entities

Hybrid Motors Nigeria

organization investor

Lagos

location involved ๐Ÿ‡ณ๐Ÿ‡ฌ

Abuja

location involved ๐Ÿ‡ณ๐Ÿ‡ฌ

Terra Industries

organization investor

Joe Lonsdale

person involved

Lux Capital

organization investor

Ghana

location involved ๐ŸŒ

Sahel

location involved

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