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Sinotrucks launches electric trucks to cut Nigerian haulage costs

Nigerian Sinotrucks Limited introduces Sitrak electric commercial trucks as a lower-cost alternative to diesel vehicles for businesses facing high fuel and logistics expenses.

Nigerian Sinotrucks Limited, a Federal Government-recognised vehicle assembler and distributor of China's Sinotruk brand, has introduced Sitrak electric commercial trucks to the Nigerian market as a cost-saving solution for transport operators. The company's founder and Managing Director, Alfred Okugbeni, said the launch was driven by the need to reduce transportation costs, improve business competitiveness and support the transition to cleaner energy. He described transportation costs as a major component of business expenditure that contributes to the prices consumers pay for food and other essential goods. The move follows the company's existing involvement in the compressed natural gas vehicle market.

Okugbeni said electric trucks offer manufacturers, distributors and logistics operators the opportunity to reduce energy expenditure, particularly where vehicles operate on predictable routes and can be charged at company facilities. He noted that the company's experience with CNG trucks, which delivered fuel-cost savings of between 30 and 35 per cent for customers, had demonstrated the market appetite for alternative-energy vehicles. Electric trucks could deliver further advantages, with potential operating savings of 40 to 50 per cent compared with conventional alternatives, though actual savings will depend on electricity costs, vehicle utilisation, charging infrastructure, financing and maintenance requirements. Electric mobility could also help operators reduce exposure to fuel-related challenges including fuel theft, use of inferior fuel and vehicle damage.

Nigerian Sinotrucks is initially targeting fast-moving consumer goods manufacturers and distributors, whose operations involve regular deliveries between factories, warehouses, retail outlets and distribution centres. Okugbeni said these businesses could benefit from overnight charging, particularly where manufacturing facilities have spare energy capacity outside peak production hours. The company's initial rollout focuses on light electric trucks designed for intra-city distribution, with each capable of covering up to 200 kilometres in a day. The company plans to expand into medium-duty vehicles for regional operations as the market develops and charging infrastructure improves.

The company recognises that acquisition costs could influence adoption and is working with banks and other financial institutions to improve access to vehicle financing. Okugbeni said Nigerian Sinotrucks Limited had entered into partnerships with several banks and other financial institutions to make it easier for prospective customers to acquire trucks, and that government-backed credit guarantee arrangements could further improve access to bank credit. The company operates service hubs in Lagos, Kano, Benin, Abuja, Port Harcourt, Ibadan and Ogun State, where its major operational centre is located, and intends to use pickup vehicles as mobile service units. It operates a training centre in Ogun State where it trains customers, technicians and drivers.

Okugbeni said he does not expect the Nigerian commercial transport market to move entirely away from diesel or CNG in the immediate future. Instead, he advocated a diversified fleet strategy in which operators deploy different energy technologies according to their routes, infrastructure access and cost requirements. He said diesel vehicles could continue to provide operational flexibility, CNG could offer cost advantages where refuelling stations are accessible, and electric trucks could be deployed gradually for urban and industrial distribution where charging can be planned. Beyond the immediate commercial opportunity, the company said it intends to deepen its contribution to Nigeria's automotive industry through assembly operations, technical training and local component development.

For transport operators and manufacturers, electric trucks could reduce energy expenditure and fleet operating costs, though access depends on financing availability, charging infrastructure development and electricity cost management.