Nigeria’s indigenous automobile manufacturing company, Innoson Vehicle Manufacturing (IVM), has said it is preparing to set up an electric vehicle manufacturing arm in Nigeria. Cornel Osigwe, Head of Corporate Communications at Innoson Vehicles, made this known on Tuesday while speaking to the Global Business Report on Arise Television about the need to boost the production of locally-made vehicles. According to him, every major component of producing the electric car is available in Nigeria.