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Toyota Nigeria Announces Rollout of Hybrid Electric Models

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Toyota Nigeria Limited (TNL) has unveiled its ambitious plans to introduce three hybrid electric vehicles to the Nigerian market within the next three years.

This initiative is part of TNL’s commitment to support the government’s green deal initiative and promote sustainable transportation.

Speaking at the maiden edition of the Toyota Motor Show, held in Lekki from June 27-29, TNL Managing Director Mr. Kunle Ade-Ojo shared the company’s roadmap for rolling out the hybrid electric models.

The first vehicle to be introduced will be the Toyota Cross hybrid, expected by the end of this year.

Following this, the RAV4 hybrid is set for launch in 2025, with the Land Cruiser Prado hybrid anticipated for late 2025 or early 2026.

“We are excited to announce our lineup of hybrid electric vehicles, which align with our commitment to sustainability and innovation,” said Ade-Ojo. “These models represent our dedication to providing Nigerian consumers with advanced, eco-friendly vehicle options.”

In addition to the hybrid rollout, Ade-Ojo revealed TNL’s plans to support the Federal Government’s campaign for Compressed Natural Gas (CNG)-powered vehicles.

TNL aims to utilize its extensive network of workshops for vehicle conversions to CNG power, enhancing the accessibility and convenience of this green initiative for Nigerian drivers.

The Toyota Motor Show featured a variety of activities, including vehicle displays, product launches, special after-sale packages, test drives, and interactive sessions with TNL executives.

The event provided a platform for Toyota to engage directly with customers, offering insights into their range of vehicles and value-added services.

“Our solo Toyota Motor Show allows us to focus entirely on our customers, understanding their needs, and showcasing the full spectrum of what Toyota can offer,” Ade-Ojo stated.

“We are committed to delivering exceptional after-sale services, ensuring the availability of spare parts, and providing top-notch body and paint services.”

The event also included the unveiling of two new models, the Toyota Belta and the Rumion, further expanding TNL’s diverse product lineup.

Reflecting on the event’s success, Ade-Ojo expressed satisfaction with the turnout and the positive feedback received from attendees.

“It was a wonderful outing. The opportunity for one-on-one interactions with our team was greatly appreciated by our customers,” he said. “The free vehicle diagnostics and the test drive experience were particularly well-received.”

As Toyota Nigeria prepares to launch its hybrid electric vehicles, the company remains committed to driving innovation and sustainability in the Nigerian automotive industry, paving the way for a greener and more efficient future.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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