Innoson Vehicle Manufacturing (IVM), Nigeria’s leading automobile manufacturer, is facing stiff competition from a new auto manufacturing firm that has begun construction of a factory for compressed natural gas (CNG) vehicles.
The car manufacturing company which has been in existence for a while in Igbo Ukwu Anambra State, will be building a bigger plant that will major on Compressed Natural Gas (CNG) and Electric powered vehicles.
The plant will also convert Petrol and Diesel powered engines to CNG.
From its facility in Igbo Ukwu, Anambra State, Omaa provides sustainable energy and mobility solutions to address today’s environmental challenges, while empowering people to create rugged solutions that are relevant to their local economy.
The company launched the first local assembled, dual-fuel, natural gas-powered commercial buses in Nigeria two years ago.
The new firm, Omaa Automobiles is expected to begin production of CNG vehicles in 2024.
Peoplesmind