Nigeria’s electric vehicle (EV) market is beginning to look less like a climate experiment and more like a serious industrial opportunity. Though fewer than 20,000 EVs, under 1 per cent of the national vehicle fleet, currently plying Nigerian roads, growth rates are accelerating sharply, particularly in Lagos and Abuja. Industry estimates suggest adoption has risen by as much as 400 per cent since 2020, propelled by higher fuel prices, battery-swapping models and entrepreneurial importers and assemblers targeting commercial fleets, particularly two- and three-wheelers in congested cities like Lagos.