insightsNigeria Macro IndicatorsThe Nigerian market at a glance (2024 published baseline)
Because the Lagos State government is pushing its Clean Air Initiative, converted electric vehicles enjoy bridge-toll relief and priority road access. Three Lagos battery-swap pilot fleets have already moved fully onto the TIANQIU supply chain.
electric_rickshaw1.8 M+Commercial tricycles nationwideThe Keke Napep / Marwa retrofit battleground
local_gas_station₦1,050–1,250Lagos petrol price per litreOnly ₦195 per litre before the 2023 subsidy removal
account_balance_wallet₦300,100Extra net income per driver / monthFrom debt-funded fuelling to ₦350,000+ monthly surplus
savings7.2–8.1 monthsInvestment payback (ROI)Lithium charging costs about ₦2,200 per day