Latest Headlines
Hyundai Nigeria Debuts Locally Assembled CNG Vehicles, Auto Finance Options
Hyundai Nigeria has said it rolled out CNG vehicles of various categories for automobile users across the country.
This is a boost to President Bola Ahmed Tinubu’s CNG Initiative (Pi-CNG), the company said in a statement.
“Assembled in Nigeria, the models include Hyundai Grand i10, Hyundai Accent, Hyundai Creta and Hyundai Tucson,” the company said.
Hyundai Nigeria, a subsidiary of Stallion group, described its latest offerings as a way of supporting the federal government’s efforts at flooding the country with sustainable, cost-effective and environmentally friendly transportation solutions.
According to the company’s head of sales and Marketing, Mr. Gaurav Vashisht, the locally assembled CNG vehicles are targeted at most vehicle buyers, including retail customers or status vehicle owners from different corporate companies.
“For instance,” he stated, “CNG Grand i10 is largely targeted at fleet owners and first-time buyers, both of which focus on vehicle reliability and the low cost of ownership.
“With the Hyundai CNG vehicles, our customers, including first-time car buyers, will be able to acquire tropicalized and affordable vehicles that come with factory fitted CNG facility instead of having to convert those unsafe, imported used vehicles.
“Our latest Grand i10, Accent, Creta and Tucson come with factory fitted CNG kits, which are not only safer than petrol tanks, but take up less trunk space unlike the converted conventional vehicles.”
As revealed by Vashisht, to accommodate all interested Nigerian auto buyers into the cost-saving motoring incentives, Hyundai Nigeria has in place auto finance options for buyers, who are unable to make a one-time payment for any of the CNG vehicles.
It would be recalled that the federal government, in 2023 introduced Presidential CNG Initiative (Pi-CNG), a programme aimed at encouraging automakers to flood the country with factory-fitted CNG vehicles.
Because CNG emits far less carbon compared to traditional fossil fuels, vehicles running on CNG
are more environmentally friendly. Also, owners of CNG vehicles pay an equivalent of about N300 per litre unlike petrol, which currently sells for almost N1000 per litre.
“Like all CNG-powered vehicles,” Vashisht stressed, “the newly introduced Grand i10, Accent, Creta and Tucson guarantee higher fuel economy and low running costs.
“Most important, our newly introduced locally assembled CNG vehicles are backed up with a 3-Year Unlimited Mileage Warranty and supported by over 30 years of nationwide aftersales network facilities of Stallion Group,” Vashisht added.
Common among the newly introduced CNG vehicles are style, economy, strength and safety. For instance, Sporty and trendy, the CNG Grand i10 is not only powered by multi-point injected engine mated onto automatic transmission, it comes with safety feature, including Anti-lock brake system (ABS), Rear parking assist system (RPAS) and Dual airbags.
CNG Accent, which comes with a super strong body structure, six airbags, ABS, Rear view camera, safety windows, among others, is powered by 1.5 MPi engine mated onto 6-speed automatic transmission.
Equipped with Rear Parking Sensors with Rear view camera, 6-airbag system Cruise Control, Tire Pressure Monitoring System and more, Hyundai Creta, a compact Crossover, is powered by a smart engine built with Dual Variable Valve Timing for improved performance and Gearbox options expanded to include a 7-speed Dual Clutch Transmission
The CNG Tucson, on the other hand, comes powered by Smartstream 2.0-litre engine, mated onto a smart transmission that automatically adjusts gear shift intervals based on an analysis of your recent driving patterns.
Flaunting an innovative sporty SUV style, Tucson’s spacious interior and loads of safety features, including Forward Collision-Avoidance Assist, Driver Attention Warning, Surround View Monitor and Blind-Spot View Monitor are bound to attract the safety and style loving Nigerian auto buyers.