Subsidy Removal: Innoson Unveils Gas-Powered Vehicles

Innoson Vehicle Manufacturing has introduced a range of Compressed Natural Gas (CNG) buses as a viable option for Nigerians amidst the increasing price of petrol. The unveiling of the CNG vehicles took place at the company’s factory in Nnewi, Anambra State. The vehicle lineup includes trucks, mini-buses, ambulances, long buses, SUVs, and more.

During the event, Dr. Innocent Chukwuma, the CEO of IVM, assured Nigerians of the safety of CNG vehicles and the availability of various car models. He emphasized that the company manufactures vehicles based on demand and highlighted the importance of diversifying vehicle options to reduce dependence on a limited range.

Dr. Chukwuma stated, “CNG vehicles are a solution, and that’s why we produce them. We have made provisions for CNG, LNG, and fuel, so any available energy source in an area can be used to power our vehicles. Additionally, our factory produces electric cars, biogas vehicles, and solar-powered vehicles.”

The Governor of Anambra State, represented by the Commissioner for Industry, Mr. Christian Udechukwu, expressed the state’s commitment to addressing the challenges faced by Nigerians due to the removal of subsidies. He emphasized the need for mass transit systems powered by alternative energies to mitigate the rising transportation costs.

Mr. Cornel Osigwe, the Head of Corporate Communications at IVM, highlighted the benefits of natural gas vehicles and emphasized the importance of supporting local manufacturers. He explained that natural gas has a higher combustion rate than fuel, making it more environmentally friendly. Osigwe also stressed that transportation plays a vital role in economic development, and with Nigeria’s population exceeding 200 million, better transportation options are crucial.

In summary, Innoson Vehicle Manufacturing, as an indigenous car manufacturer, has produced a considerable number of CNG-powered vehicles suitable for Nigerian and African roads. The introduction of these vehicles aims to provide Nigerians with sustainable transportation alternatives and reduce dependence on petrol and diesel.

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