The Manufacturing of IVM
Indigenous Vehicle Manufacturing (IVM) Indeed, anything would be possible, not everyone would have anticipated that automobiles will be manufactured in Nigeria, and even assuming so, not this soon but kudos to IVM since they made it happen.
Nigerian automaker Innoson Automobile Manufacturing Corporation (IVM) is renowned for building locally made vehicles that are thought to endure the test of time. IVM operates a factory in Nnewi, Anambra state, Nigeria, and strives to dominate not just the local automotive market but also the global one.
The First Vehicle Brand in Nigeria
Innocent Chukuma Nwala started Innoson Vehicle Manufacturing in 2007; before to the creation of IVM, Chukuma was a spare part vendor. IVM is the first indigenous vehicle firm brand in Nigeria. Without a doubt, his knowledge of automobiles would have significantly benefited from him selling spare parts.
He created a motorcycle as his first automobile (the first made in Nigeria motorcycle). Even though these bikes were sold for a relatively low amount of about 60,000, his passion was unaffected. Yes, starting small is beneficial. The IVM has become a well-known brand throughout time.
The Pride of Africa’s Road
Because Innoson Automobiles Manufacturing Business (IVM) takes into account the condition of our roads when producing cars, it has earned the moniker "the pride of Africa's road." The Nigerian-based company has worked with transportation companies like lord is good (GIGM). When a contestant wins Big Brother Nigeria (season 4), they often receive an IVM G40 SUV as a prize. This is incredibly good since it shows that Nigerians value one another.
There is no mistake that the Nigeria-based brand is destined for the top; in addition to its connection with GIGM, IVM has also teamed with the Sovereign Bank to assist its consumers in purchasing vehicles through the IVM financing scheme, as well as with medical and governmental organisations.
The Import from Other Countries
While some of their products are sourced from countries such as China, Japan, and Germany, about 60% of their manufacturing is manufactured locally. IVM Motors' primary goal is to build cars that the typical Nigerian can buy rather than purchasing reasonably used foreign vehicles (Tokunbo) It offers a three-year warranty on each of its products.
The Infra Structure of IVM
The company's car is a 5-seat car with complete air conditioning that comes in both manual and automatic transmission options.
Among many other amenities, it has central locking and power windows, an airbag, a rear reverse sensor, and the capacity to manage fuel costs. It's fair to say that Innoson Umu (also known as IVM Umu) is the sedan/saloon version of the Ltd. Fox hatchback. It has the same engine and most of the same characteristics as the IVM Fox, but because of its compact saloon car design, it is generally categorized with the Honda City.