The Abia state government has partnered with Coscharis Limited to mass-produce electric-powered buses (EV) for the state’s mass transit scheme
The electric buses would facilitate Abia state’s new mass transit scheme, an important component of Alex Otti’s urbanisation agenda. The new buses recently acquired by the Abia state government are still in a testing stage, with the option of mass adoption if the required conditions are met.
Speaking at the unveiling of the buses, Coscharis CEO, Dr Cosmas Maduka, hailed the moment as a historic milestone as Abia state registers as the first state in Nigeria to adopt electric buses for its mass transit scheme.
” This is one of our innovative products for the Abia state government. The first state in the country to enroll electric buses. Coscharis will continue to push the boundary, leading innovation and setting the standard that other automobile industries will be judged by,” Maduka Stated
The Coscharis boss argued that the new buses acquired by the Abia government will help the state lead in tourism and advance its urbanisation agenda. He said the safe state would catalyze tourism like it has in developed countries like the UK.
” I think Abia state, with this bus, will lead in tourism because they try to keep Abia safe, where people can come in and have the same level of comfort like it is done in the UK. That’s what the Abia state government, Alex Otti, has done with his team and Coscharis working with them to deliver on that promise,” Maduka added.
Coscharis Motors is an indigenous automobile dealership brand distributing seven premium brands. They include luxury icons BMW, MINI, Rolls-Royce, Jaguar, Land Rover, plus value-driven Ford and Renault.
The firm has had a Ford Ranger assembly in Ikeja since 2015. The Assembly plant is the only one in Africa outside South Africa, and it offers sales, servicing, and rentals via Sixt. Coscharis fronts showrooms nationwide and has diversified into other sectors over the years.
Coscharis Limited today is a $500 million conglomerate with subsidiaries spanning automobiles, ICT, agriculture, beverages, and more. The Coscharis Farm, a subsidiary of Coscharis Limited, is located in Anaku, Anambra state, and spans 2500 hectares of fertile land.
Coscharis CEO Cosmas Maduka is leading the charge to return investments to the southeast region with his rice farm and, now, his recent collaboration with the Abia state government.
