Oando to Purchase 50 New EVs in Nigeria

  • Oando had ordered 50 buses for Lagos State, making it 100 EVs deployed by the firm.
  • The company’s Sustainable Transport initiative is now progressing to a pilot phase of 50 and 2,000 buses for Lagos State.

In its efforts to support electric mobility adoption in Nigeria, Oando Clean Energy (OCEL), the renewable energy subsidiary of Oando Energy Resources (OER), Oando Plc, has announced plans to purchase 50 new electric vehicles (EVs). OCEL disclosed this at a side event during the ongoing Conference of the Parties (COP28) event in Dubai.

This latest announcement is in addition to 50 buses that Oando had already ordered for Lagos State, bringing to 100 the number of new buses the company would be deploying nationwide. According to the firm, the distribution of the buses will be 50 buses for a pilot phase in Lagos State, and the remaining 50 buses will be spread across Cross River, Kaduna and Edo states.

The firm launched its Sustainable Transport initiative On May 24, 2023, with a Proof-of-Concept (PoC) in collaboration with Lagos State through the Lagos Metropolitan Area Transport Authority (LAMATA). OCEL’s executive vice president, Ademola Ogunbanjo, disclosed the successful completion of the 90-day Proof-of-Concept (PoC) phase. He said the company’s Sustainable Transport initiative is now progressing to a pilot phase of 50 and 2,000 buses at full rollout for Lagos State.

“During the PoC, we rolled out two electric mass transit buses, and they ploughed four routes covering over 43,800 kilometres, carrying over 73,000 passengers, saving bus operators 21,000 litres of diesel and mitigating 57.8 tons in CO2 emissions within the State. On the back of the successful PoC and deliberations with several State Governments, OCEL will match the Federal Government’s commitment of 100 electric buses towards reducing the country’s carbon emissions.”

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