NADDC Explores Partnership With eMove (eMVC), A Leading 2- and 3-wheeled Electric Vehicle Maker

NADDC Explores Partnership With eMove (eMVC), A Leading 2- and 3-wheeled Electric Vehicle Maker

NADDC delegation explores electric vehicle (EV) partnership with Morocco-based eMove Vehicules Company. NADDC’s visit aimed at exploring potential collaborations that could enhance Nigeria’s electric vehicle (EV) landscape. Accredited by the Moroccan Ministry of Transport, eMove is a leading manufacturer of 2 and 3-wheel electric vehicles. eMove currently has 5 models of battery-electric Mopeds and tricycles, with a range from 30 km to more than 150 km. A delegation from Nigeria’s National...
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Rolls-Royce’s first electric vehicle sounds like no other

Rolls-Royce’s first electric vehicle sounds like no other

My favorite feature of the new $420,000, all-electric Rolls-Royce Spectre isn’t the cosseting ride quality or the illuminated stars embedded in the headliner of the insanely ornate interior. It isn’t the 577 horsepower or the 266 miles of range. It’s neither the “yes, that’s the spot” massaging seats nor the curbside presence of that upright, chromed front grille. It isn’t even the aerodynamically refined yet classically styled Spirit of Ecstasy statuette perched atop. My favorite...
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What to know about Europe’s tariffs on Chinese electric vehicles

What to know about Europe’s tariffs on Chinese electric vehicles

FRANKFURT, Germany — The European Union has finalized its sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology to the 27-nation bloc. The duties took effect provisionally in July and were finalized after talks between the EU and China failed to resolve their differences. Negotiations are expected to continue, and the EU co...
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The E.U. is imposing duties on electric vehicles from China after trade talks fail

The E.U. is imposing duties on electric vehicles from China after trade talks fail

BRUSSELS — The European Union is imposing duties on imports of electric vehicles from China starting Wednesday after talks between Brussels and Beijing failed to find an amicable solution to their trade dispute. Electric vehicles have become a major flashpoint in a broader trade dispute over the influence of Chinese government subsidies on European markets and Beijing’s burgeoning exports of green technology to the bloc. “By adopting these proportionate and targeted measures after a rigoro...
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General Motors To Start Making Profit From Their Electric Vehicles

General Motors To Start Making Profit From Their Electric Vehicles

General Motors (GM) CEO Mary Barra confirmed in an interview with The New York Times that the company will start making a profit on its electric vehicles by the end of this year. Namely, Tesla is currently leading the electric vehicle market in the US, making a profit as early as 2021. Ford, otherwise the second-largest EV maker in the US, posted losses of more than $1 billion in the first two quarters of this year on its Model e line of EVs. Other manufacturers that exclusively deal with EVs,...
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SA AUTO WEEK: Ramaphosa hints at tax rebates, subsidies and incentives for electric vehicle production in SA

SA AUTO WEEK: Ramaphosa hints at tax rebates, subsidies and incentives for electric vehicle production in SA

Naamsa | the Automotive Business Council and car manufacturers have welcomed President Cyril Ramaphosa’s comments on positioning South Africa as a leading electrical vehicle manufacturing hub.  On Thursday, Ramaphosa addressed the SA Auto Week in Cape Town, where he acknowledged the sector’s contribution to the economy and the challenges it faced.  The President said the government plans to incentivise new energy vehicle production in South Africa to make them more affordable, but offered...
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NADDC Presents Electric Vehicle To Winner Of CNG Hybrid Design Competition

NADDC Presents Electric Vehicle To Winner Of CNG Hybrid Design Competition

NADDC presents Electric Vehicle (EV) to the winner of the Compressed Natural Gas (CNG) Hybrid Design Competition. Presentation of the EV donated by CIG Motors Nigeria was held at the NADDC Headquarters in Abuja on Monday 14th October. During the presentation ceremony, NADDC boss, emphasized the importance of designing vehicles suitable for Nigerian roads. The National Automotive Design and Development Council (NADDC) has officially handed over 2023 Wuling EV donated by CIG Motors Nigeria to Mr....
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Four ‘Burnt Beyond Recognition’ in Fatal No-Witnesses Electric Vehicle Crash in France

Four ‘Burnt Beyond Recognition’ in Fatal No-Witnesses Electric Vehicle Crash in France

PARIS (AP) – Four people have died in a car crash in France after their Tesla vehicle reportedly hit a road sign and caught fire, police said Monday. A local police spokesman, Lt. Eric Hoarau, said the exact circumstances of the crash Saturday night near the city of Niort were still to be determined and an investigation was underway. “Everything suggests (the vehicle) came off the road,” Hoarau said, citing marks on the ground and a severed road sign. There were no witnesses, he said, maki...
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Revealed! Innoson CEO speaks on releasing electric vehicle in Nigerian market

Revealed! Innoson CEO speaks on releasing electric vehicle in Nigerian market

Innoson CEO said that more Nigerians are buying electric cars because petrol prices are so high He stated in an interview that the growing interest has motivated him to produce electric automobiles locally He claimed that the current status of the economy affects every person in the country Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market. Many Nigerians are purchasing electric vehicles as a result of the high cost of fuel, Innoso...
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2 Top Electric Vehicle (EV) Stocks to Buy in October

2 Top Electric Vehicle (EV) Stocks to Buy in October

Want to add massive long-term growth potential to your portfolio? Check out electric car stocks. Many EV makers have seen their sales skyrocket in recent years. Yet their stock prices haven’t always followed suit, creating several compelling buying opportunities over the years. This month looks like an especially great time to jump in. If you want to buy into the world’s adoption of EVs — a story that is truly a multi-decade growth opportunity — then these two stocks are...
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