Innoson Vehicle Manufacturing (IVM) has revealed plans to enter the ride-hailing sector in Enugu, joining other providers like Uber, Bolt, Oma, and RideOn. Innoson’s custom service, called IVM Connect, will launch in October.
TechNextNG reports that IVM will be moving 200 vehicles from its Nnewi base to Enugu, and by next year, when IVM Connect will be launched in other southeastern Nigerian states, it will expand its fleet to 4,800 vehicles. The company is in the final stages of developing an app, IVMCruise.
The new service will run a hire-purchase model, in which vehicles will be given to drivers who are expected to pay for them within two years. The model is different from that of Uber and Bolt, which ensures that driver-partners must have their own vehicles before joining the service.
IVM announced vacancies on Twitter.
Innoson Vehicles, the first indigenous vehicle manufacturing company in Nigeria is about to launch ride-hailing services in the city of Enugu and therefore seeks for the employment of professional drivers for the ride services.https://t.co/MAPIpTZc4V
— Innoson Vehicles (@innosonvehicles) September 3, 2020
Otosirieze Obi-Young is Editor of Folio Nigeria, where he profiles innovators and facilitators in culture: art, business, entertainment, activism, health, food. He is a writer, journalist, curator, media consultant, former academic, and Founder & Editor-in-Chief of Open Country Mag, a new online platform covering African literature. In 2019, he received the inaugural The Future Awards Africa Prize for Literature. In 2020, he was named among "The 100 Most Influential Young Nigerians" by Avance Media. Find him on otosirieze.com or on Twitter & Insta: @otosirieze.