Guide, updated August 2026
What an EV really costs in Nigeria in 2026
Price bands for bikes, kekes and cars, what changed when import duty went to zero, and how to check a quote.
Electric vehicles in Nigeria fall into four price bands. Knowing which one you are in is the fastest way to tell whether a quote is fair.
| Tier | What it is | Price band |
|---|---|---|
| Entry two-wheeler | Commuter e-scooter, short range | ₦650,000 to ₦1.5M |
| Working two-wheeler | Delivery and okada duty, swappable battery | ₦1.5M to ₦3M |
| Electric tricycle | Keke replacement, passenger or cargo | ₦1.5M to ₦4M |
| Electric car | Imported, new, duty-free since 2026 | ₦8M to ₦139M |
What changed in 2026
Import duty on fully built electric vehicles was reduced to zero, from five percent, and VAT was removed in 2024. Nearly four thousand vehicles were cleared under the waiver programme in the first half of 2026 alone. If a seller is quoting you heavy duty charges on a new EV import, either they are working from old figures or the number is margin.
What is usually left out of a quote
- Delivery to your city, which on a vehicle is not trivial
- Registration, plates and insurance
- A home charger and the electrical work to install it safely
- The first service, and what it costs after that
- VAT, where it still applies to accessories and services
How to sanity-check a car price
Divide the price by the usable battery capacity in kWh. New imported EVs in Nigeria in 2026 land roughly between ₦400,000 and ₦700,000 per usable kWh depending on brand and segment. A long way below that and something is being left out or the vehicle is not what it says it is.
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