How rising fuel cost boost electric vehicle adoption in Nigeria market

How rising fuel cost boost electric vehicle adoption in Nigeria market

In recent years, Nigeria has grappled with severe air pollution, primarily attributed to the proliferation of gasoline-powered motorcycles, commonly known as “okadas.” These two-wheelers, while serving as a vital mode of transportation for millions, have contributed significantly to the environmental challenges. With the rise in fuel which has risen to N679.36/litre as of February 2024 from N263.76 in February 2023 as reported by the National Bureau of statistic, riders are embracing low-car...
Read More
China’s Xiaomi enters car market with new electric vehicle

China’s Xiaomi enters car market with new electric vehicle

2024 © New Straits Times, New Straits Times Press (M) Bhd (Co. No. 196101000449 / 4485 H). A part of Media Prima Group. Subscribe Disclaimer Personal Data Protection Act Contact Us Read More...
Read More
PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles

PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles

PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles As announced by Toyota Motor Corporation (Toyota Motor) on March 5, 2024, Primearth EV Energy Co., Ltd. (PEVE) will become a wholly-owned subsidiary of Toyota Motor. Capitalizing on the technology fostered through our hybrid vehicle battery business to date, we plan to contribute to Toyota Motor’s multi-pathway strategy in the battery business and intend to change our company name to...
Read More
CATL Develops Faster-Charging Batteries for Tesla’s Upcoming Low-Cost Electric Vehicle

CATL Develops Faster-Charging Batteries for Tesla’s Upcoming Low-Cost Electric Vehicle

China’s leading battery manufacturer CATL is developing faster-charging batteries for Tesla as the automaker seeks to defend its market share and introduce an electric vehicle priced below $25,000. Zeng Yuqun, chairman of CATL said on Monday that there is always room to reduce costs, depending on what the goal of the $25,000 car is. He also added that if it is to be used as an autonomous taxi, there is no need to worry about reducing the cost of each battery pack, because CATL’s batteries ha...
Read More

Inside the GOP Attacks on Electric Vehicles

Please enable JS and disable any ad blocker Read More...
Read More
Biden Administration Announces Rules Aimed at Expanding Electric Vehicles – The New York Times

Biden Administration Announces Rules Aimed at Expanding Electric Vehicles – The New York Times

Climate|Biden Administration Announces Rule Aimed at Expanding Electric Vehicles https://www.nytimes.com/2024/03/20/climate/biden-phase-out-gas-cars.html U.S. World Business Arts Lifestyle Opinion Audio Games Cooking Wirecutter The Athletic Advertisement SKIP ADVERTISEMENT You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. Biden Administration Announces Rule Aimed at Expanding Electric Vehicles The regulat...
Read More
Mack mobile charging system enables off-grid electric vehicle testing

Mack mobile charging system enables off-grid electric vehicle testing

Mack Trucks has built a mobile off-grid charging system that will be integrated into the body of a Mack MD Electric truck. This system will help introduce companies to mobile off-grid charging systems. This mobile Mack MD Electric charging unit can be used for a limited time by those who want to test the technology and by dealers when facilitating electric vehicle demos. Mack announced this mobile off-grid charging system at the American Trucking Associations Technology and Maintenance Council A...
Read More
Watch: The eco-entrepreneur sparking the electric vehicle revolution in Nigeria – Euronews

Watch: The eco-entrepreneur sparking the electric vehicle revolution in Nigeria – Euronews

By Gregory Ward & Hillary Ebele Nnoruka The young entrepreneur is driving change in Nigeria with his groundbreaking company, African Motor Works. Mustapha is transforming Nigeria’s transportation sector while focusing on affordability and sustainability. “Our main reasons for building electric vehicles are the high cost of mobility, cost of energy and carbon emissions,” Mustapha Abubakar Gajibo, Founder and CEO of African Motor Works, tells SCENES. The young business o...
Read More
Govt to extend tax concessions for electric vehicles

Govt to extend tax concessions for electric vehicles

Financial Secretary Paul Chan announced on Wednesday that the government will extend tax concessions for electric vehicles for two years, but the amount will be cut by 40 percent. The concessions were first introduced in 2018 and were due to expire at the end of next month. The maximum first registration tax concession for electric private cars will be cut from HK$97,500 to HK$58,500. Under a scheme designed to encourage car owners to scrap their old cars and swap them for electric vehicles, the...
Read More
‘A deluge of electric vehicles is coming’

‘A deluge of electric vehicles is coming’

BYD electric cars waiting to be loaded onto a ship are seen stacked at the international container terminal of Taicang Port in Suzhou, China (Image credit: STR / AFP via Getty Images) published 27 February 2024 ‘China’s electric vehicles are going to hit Detroit like a wrecking ball’ Robinson Meyer in The New York Times Subscribe to The Week The Week provides readers with a wide range of perspectives from 200 trusted news sources. Try 6 Free Issues Sign up for The Week’s...
Read More
en_USEnglish