PRESS RELEASE: ACE-FUELS Partners with Folti Technologies for eDryv eMobility Launch in Lagos

PRESS RELEASE

ACE-FUELS Partners with Folti Technologies for eDryv eMobility Launch in Lagos

Lagos, Nigeria – April 12, 2025

The Africa Centre of Excellence in Future Energies & Electrochemical Systems (ACE-FUELS) joined Folti Technologies Ltd. today at the official launch of eDryv, a forward-looking eMobility initiative aimed at transforming Nigeria’s transport landscape through electric vehicle (EV) infrastructure and innovation.

The launch event, held at 11 Eletu Ogabi Street, Victoria Island, Lagos, marked a pivotal moment for Nigeria’s clean transport sector. Attendees experienced live demonstrations of smart EV charging stations, the eDryv mobile application, and discussions around green urban mobility.

ACE-FUELS, led by Prof. Emeka Oguzie, was present as a strategic partner, reinforcing its commitment to sustainable energy development and innovation.

“We are delighted to collaborate with Folti Technologies on the eDryv initiative,” said Prof. Emeka Oguzie, Centre Leader, ACE-FUELS. “This partnership reflects our shared vision for a low-carbon future powered by indigenous innovation and scientific excellence. Together, we aim to bridge the gap between research and real-world solutions in Nigeria’s energy and mobility sectors.”

Strategic Areas of Collaboration

The partnership between ACE-FUELS and Folti Technologies is expected to explore synergies in the following domains:

• Advanced Battery Research: Developing high-performance, locally adaptable EV batteries using materials like sodium-ion and lithium-metal phosphate.

• Smart Charging Infrastructure: Enhancing the integration of renewable energy and intelligent load management systems for public and private charging stations.

• Green Energy Deployment: Piloting the use of solar PV, green hydrogen, and hybrid microgrids to power charging stations.

• Human Capital Development: Joint training programs, internships, and policy workshops to nurture the next generation of clean energy and mobility experts.

The eDryv initiative represents a timely response to Nigeria’s need for low-emission transport alternatives, aligning with global climate commitments and the national energy transition plan.

About ACE-FUELS

ACE-FUELS, hosted at the Federal University of Technology Owerri (FUTO), is a World Bank-supported center dedicated to cutting-edge research and capacity development in future energy systems and electrochemical technologies.

About Folti Technologies

Folti Technologies Ltd. is a Nigerian tech company pioneering innovative solutions in eMobility, renewable energy, and smart infrastructure for sustainable cities.