With petrol at ₦1,350–₦1,450 a litre and keke fares going up in Abuja and Lagos, more drivers and fleet owners are asking whether an electric keke finally makes financial sense..
Many websites still claim that electric kekes cost ₦6 million or more, far above petrol models. When we checked current listings, that’s no longer true. New electric kekes are now advertised at roughly the same price as new petrol kekes. Below are the real numbers, the ways you can buy one (outright, lease or conversion), and what it costs to run one day to day.
How we got these numbers: Market prices come from brand-new listings on Jiji.ng checked on 26 September 2026. These are sellers’ asking prices, so expect some room to negotiate. Lease terms come from company announcements, and running costs are our own calculations with the assumptions shown. We haven’t driven these models ourselves yet.
Quick Answer: Electric Keke Prices at a Glance
| Option | Price | What you get |
| New electric keke (outright) | ₦4.0m – ₦4.8m | 6–7 passenger e-keke, usually with a lithium battery. Warranty varies by seller |
| Lease-to-own (e.g. Bolt/SGX, Lagos) | ₦32,000 a week or ₦156,000 a month (2025 launch terms) | No upfront payment on SGX’s scheme. You own it after 24 months of consistent driving |
| Convert your petrol keke | ₦1.2m – ₦1.8m for the kit | Motor and controller kit. Battery and fitting may cost extra |
| Replacement lithium battery | from about ₦1.36m | 72V LiFePO4 pack |
| For comparison: new petrol keke | ₦3.9m – ₦4.5m | Bajaj RE ₦3.9m–₦4m; TVS King Deluxe about ₦4.5m |
In short: the purchase price gap between electric and petrol kekes has mostly closed. What decides whether electric is worth it now is how you’ll charge it and how many kilometres you drive a day.
Also Read: What Is an Electric Vehicle – Complete Guide for First Time Buyers
Electric keke prices in Nigeria right now
These are brand-new electric kekes we found listed on Jiji in September 2026:
| Listing | Asking price | Seller location |
| “Electric Keke Napep – heavy duty with warranty” | ₦4,000,000 | Lagos Island |
| “Tula” electric keke, 6 passengers, lithium-ion battery | ₦4,600,000 | Lekki, Lagos |
| Rugged electric tricycle, 7 passenger seats | ₦4,800,000 | Lagos |
Most sellers are in Lagos. Buyers in Abuja, Kano or the South-East should add delivery costs, or check local tricycle markets like Dei-Dei (Abuja) and Nkpor (Onitsha).
What about NASENI and Innoson?
- NASENI (the National Agency for Science and Engineering Infrastructure) promotes its own NASENI Electric Keke for keke drivers, transport companies and delivery firms. Its page doesn’t list a price, range or battery specs. Buyers are asked to contact NASENI directly in Abuja.
- Innoson is often searched alongside “electric keke”, but we couldn’t find a current official price for an Innoson electric keke. We’ll update this guide if one is published.
Lease-to-own: getting an electric keke without paying upfront
For many drivers, ₦4 million upfront isn’t realistic. Several schemes let you drive now and pay over time.
Bolt and SGX (Lagos)
When Bolt launched electric kekes in Lagos in 2025, TechCabal reported these terms:
- Each tricycle valued at ₦3.2 million
- Lease payments of ₦32,000 a week or ₦156,000 a month
- Battery swaps of about ₦6,500 a day
- A 15% commission on Bolt rides, lower than for car rides
Under the lease-to-own model run with fleet partner SGX, drivers pay nothing upfront and own the keke after 24 months of consistent service. Drivers must operate within SGX-managed fleets on the Bolt app. SGX says the vehicles reach up to 80 km/h and run up to 12 hours on a full charge.
Check before signing: these were the launch terms. Confirm current weekly payments, swap fees and what happens if you miss a payment before you commit.
Ogun State Electric Mobility Programme
In July 2024, Ogun State launched a programme to put 2,000 electric motorcycles and tricycles on the road under a rent-to-own model, backed by a battery-swap network. If you drive in Ogun, ask your local union or the state transport ministry whether places are still available.
Related: Petrol Car VS Electric Cars – Which is Safer In Floods?
Converting a petrol keke to electric
If you already own a petrol keke in good condition, converting it can be much cheaper than buying new:
- 2.5kW keke conversion kit: about ₦1.2 million (Ibadan seller)
- Complete tuk-tuk electric conversion kit: about ₦1.8 million (Lagos seller)
- Smaller 1.5–2kW, 60V motorcycle kits: from ₦360,000, but these are generally too weak for a loaded keke
The catch: many kit prices don’t include the battery, which is the most expensive part. A 72V lithium (LiFePO4) keke battery is listed from about ₦1.36 million. Once you add fitting, a full conversion can end up at around ₦2.5–₦3 million, not ₦1.2 million.
Only use an experienced installer, ask to see kekes they’ve already converted, and get a written warranty on the motor, controller and battery.
Running costs: electric vs petrol
This is where electric kekes can save you money, depending on how you charge.
Our assumptions (change them to match your own driving):
- A petrol keke does about 30 km per litre in city traffic with passengers. Manufacturers quote 35–40 km/L, but stop-and-go Nigerian roads are harder on fuel.
- Petrol costs ₦1,385 a litre (current Lagos pump price).
- An electric keke uses about 7kWh per 100 km, plus 15% for charging losses.
- Grid electricity costs ₦209.50/kWh (Band A). It’s cheaper on lower bands.
| Daily distance | Petrol keke | Electric (home charging, Band A) | Electric (battery swap at ₦6,500/day) |
| 100 km | ₦4,600 | ₦1,700 | ₦6,500 |
| 150 km | ₦6,900 | ₦2,500 | ₦6,500 |
| 200 km | ₦9,200 | ₦3,400 | ₦6,500 |
What the table shows:
- Charging at home or at the park is the big win. It costs roughly a third of petrol at any daily distance. But you need reliable light for several hours, or a solar setup (see our portable power station price guide).
- Battery swapping only beats petrol if you drive a lot. At ₦6,500 a day (Bolt’s 2025 launch figure), swapping is cheaper than petrol only past about 140 km a day. It’s worth it for full-day commercial drivers, less so for part-timers.
- Maintenance adds to the savings. An electric motor has far fewer moving parts than a petrol engine: no engine oil, spark plugs or clutch plates. We’ll put numbers on this in our follow-up running-cost article.
Who should (and shouldn’t) buy an electric Keke
Good fit:
- Full-time commercial drivers covering 120+ km a day
- Drivers who can charge overnight at home or at a park with reliable light, or who are close to a swap station
- Fleet owners in Lagos or Ogun, where swap networks and lease schemes already operate
Think twice if:
- Your area regularly goes days without power and there’s no swap station on your route
- You drive part-time and short distances, where petrol may still be cheaper overall once you count battery replacement
- You can’t find a seller who offers a written battery warranty and after-sales service near you
Seven checks before you buy
- Battery chemistry: prefer LiFePO4 (lithium iron phosphate). It lasts far longer than lead-acid batteries, which some cheap kekes still use.
- Battery size and real range: ask for voltage and amp-hours (e.g. 72V 100Ah) and the range with a full load of passengers, not an empty keke.
- Warranty in writing: separate warranties for the battery, motor and controller, and where you’d take it for repairs.
- Charger included? Check the charger comes with the keke and how long a full charge takes.
- Spare parts: ask whether motors, controllers and body parts are available locally.
- Registration and papers: make sure the keke can be registered and licensed in your state like a petrol keke.
- Buyer safety on Jiji: inspect the keke in person, never pay in full before seeing it, and meet at the seller’s shop, not a random location.
Also Read: 5 Advantages and 3 Honest Disadvantages of Electric Vehicles
Frequently asked questions
How much is an electric keke in Nigeria?
Brand-new electric kekes were listed at ₦4 million to ₦4.8 million in September 2026. Lease-to-own schemes like Bolt/SGX in Lagos let drivers start with no upfront payment and pay weekly or monthly.
Is an electric keke more expensive than a petrol keke?
Not by much any more. New petrol kekes were listed at about ₦3.9 million (Bajaj RE) to ₦4.5 million (TVS King Deluxe), close to electric prices.
How much does it cost to charge an electric keke?
Using our assumptions, about ₦1,700 per 100 km at the Band A electricity rate, or less on lower bands. Battery-swap schemes charge a daily fee instead. Bolt’s 2025 launch figure was about ₦6,500 a day.
How far can an electric keke go on one charge?
It depends on the battery size and load. Bolt’s fleet partner SGX says its model runs up to 12 hours on a full charge. Always ask the seller for the range with a full load of passengers.
Can I convert my petrol keke to electric?
Yes. Conversion kits cost about ₦1.2–₦1.8 million, but batteries and fitting often cost extra, so budget around ₦2.5–₦3 million for a complete conversion. Use an experienced installer.
What is the NASENI electric keke price?
NASENI doesn’t publish a price online. Contact NASENI directly for a quote.
Sources
- Electric and petrol keke asking prices: Jiji.ng listings, checked 26 September 2026
- Bolt electric tricycle terms: TechCabal; Techeconomy
- NASENI Electric Keke: NASENI
- Ogun State Electric Mobility Programme: The Electricity Hub
- Petrol prices: Vanguard, September 2026; P.M. News
- Band A tariff: BillsGuide.ng
- Bajaj RE fuel economy (manufacturer-quoted): TrucksDekho
Prices change often. We re-check this guide every month. Seen a different dealer price? Email Techpeza@gmail.com.
