An African electrical vehicle company expands its network with D&B’s detailed reporting insights

The client planned to establish a 60,000-unit-per-year electric two-wheeler (E2W) assembly plant in Nigeria. We helped validate the project's technical and commercial feasibility.

Challenges faced by the client

The proposed lender needed to ensure the technical and commercial viability of setting up a large-scale electric two-wheeler (E2W) assembly plant in Nigeria, a market with unique regulatory, infrastructural, and economic conditions. They also faced the complex task of achieving financial closure for the project, which required credible validation to secure funding. Additionally, managing the implementation and operational oversight of the new facility while expanding into a new African market posed logistical and strategic challenges.

Internal challenges

Internally, the company had to ensure that its internal teams were aligned on technical specifications, operational planning, and financial structuring. Coordinating across departments to allocate resources efficiently and maintain project timelines required strong internal governance. Additionally, developing a robust financial model and documentation to support funding efforts added pressure on internal capabilities.

External challenges

Externally, the company faced the complexities of entering a new and unfamiliar market. Navigating Nigeria’s regulatory environment, infrastructure limitations, and market dynamics posed considerable risks. The lack of established supply chains and potential logistical hurdles further complicated the project.

How D&B helped?

Dun & Bradstreet (D&B) supported the company by delivering a comprehensive Techno-Economic Viability (TEV) Report that assessed the company’s current and proposed operations. They identified gaps in financial modeling, technical specifications, and total cost of ownership, while offering strategic pricing and commercial insights. Our experienced technical team ensured timely delivery of all data points required by the aggregator, helping validate the project for financial closure.

Key learnings

• Comprehensive assessments to strengthen project credibility
• Detailed technical due diligence
• Delivering well-structured reports that address client requirements