banner books
 
<< Back             Poser >>
LOXEA Introduces BYD Electric Vehicles in Nigeria
LOXEA Nigeria, a subsidiary of CFAO Mobility, has formally introduced the BYD (Build Your Dreams) electric vehicles to the Nigerian market. By offering BYD vehicles, LOXEA becomes the pioneer in bringing a renowned Electric Vehicle (EV) brand to Nigeria.
LOXEA is a leading player in innovative mobility solutions in Africa, offering clients a range of 100% electric vehicles from BYD. As a pioneer in the deployment of electric vehicle solutions across the continent, LOXEA is bringing to Nigeria a comprehensive suite of services associated with electric vehicles. This includes the installation of electric charging stations, vehicle maintenance, repair services, and the provision of spare parts.
In addition to providing an inaugural charging station at the upcoming LOXEA Victoria Island showroom, the company is also offering an adaptable solution that allows customers to charge their EVs conveniently at home. The company said more information on this can be obtained from its website: https://www.byd-nigeria.com/ .
Managing Director of LOXEA Nigeria, Mr. Mehdi Slimani, stated, “We are proud to distribute this type of electric vehicle and all its associated services. Our upcoming showroom in Victoria Island, Lagos will be a place dedicated to the discovery of BYD vehicles, combining modernity, comfort, and economy of use. It is very important for CFAO Mobility in Nigeria to participate in this way in the country’s energy transition and support our customers who wish to make the switch to electric.”
BYD is a high-tech multinational company and the world leader in electric and plug-in hybrid vehicles. As a Fortune Global 500 enterprise, BYD relentlessly innovates to create a sustainable future. In November 2024, BYD becomes the first company in the world to achieve the milestone with the roll-off of its 10-millionth NEV. BYD achieves 4.27 million new energy vehicle sales in 2024, claiming the global sales champion in the third consecutive year.
CEO of CFAO Mobility, Marc Hirschfeld, emphasized the importance of this launch for both the company and the country, saying, “BYD is one of the world’s leading manufacturers of electric vehicles, with a level of innovation know-how that now matches the expectations of our markets in Africa. A whole new ecosystem has to be designed around mobility in African cities. This applies not only to individual and corporate customers, but also to stakeholders including urban public transport networks and government agencies.
LOXEA is a subsidiary of CFAO Mobility, specializing in providing innovative mobility solutions across Africa. With a commitment to sustainability and excellence, LOXEA delivers high-quality mobility services, from electric vehicle leasing to fleet management and infrastructure support.
About CFAO Mobility
Comprising the most extensive vehicle retail network in Africa, CFAO Mobility provide all mobility-related sectors with a multi-brand offer, partnering with global automotive manufacturers for new and used vehicle sales, short and long-term rentals, fleet management, maintenance, etc.
The company’s offer covers the complete automotive offering, including two-wheeled vehicles, marine engines, coaches, lorries, handling equipment, tyres, and spare parts. Its production and assembly sites in Africa are a shining example of the commitment to actively supporting industrialization in the region and creating an affordable offer.
Thisday Business News
Nigeria Caught in the Tariff Turmoil
As the United States continues the global trade war with sweeping tariff hikes, Nigeria finds itself grappling with deepening economic uncertainty, caught in a storm it neither started nor
Liberia: Banking sector in crisis
Liberia’s banking sector has been declining since 2022, but new data in CBL’s 2024 report show that the decline has deepened under President Boakai. Monrovia, April 21, 2025: The Central Bank of Liberia’s 2024 Annual Report delivers a warning that cannot ignore: the country’s commercial banking sector is in sustained and worsening decline, Ambulah Mamey, &#8230;The post Liberia: Banking sector in crisis appeared first on Liberia news The New Dawn Liberia, premier
STAND plans nationwide protest for July
Advocacy group, STAND, announces a planned protest here to draw government’s attention to critical issues confronting the country. By: Naneka A. Hoffman Monrovia, Liberia, April 21, 2025 &#8211; The pro-grassroots advocacy organization, Solidarity and Trust for A New Day (STAND), announces plans to lead a nationwide peaceful protest in July. STAND says the planned protest &#8230;The post STAND plans nationwide protest for July appeared first on Liberia news The New Dawn Liberia,
Another Ponzi Scheme Shatters Lives
As thousands of Nigerian victims of the CBEX investment scam count their losses, Kayode Tokede captures the shock and the gnashing of teeth of gullible investors who walked their
Countries must 'make the best' of new multipolar world: IMF chief
Countries have no choice but to "make the best" of the fragmentation of the global economy by boosting ties with regional and like-minded countries, the head of the International Monetary Fund said in an interview
US judge rules Google monopolized online ad tech market
A US judge on Thursday ruled that Google wielded monopoly power in the online ad technology market in a blow that could rattle the tech giant's revenue engine. "Google has willfully engaged in a series of anticompetitive acts to acquire and maintain monopoly power in the publisher ad server and ad exchange markets for open-web display advertising," Brinkema said in her