Innoson Opens Service Center For Conversion Of Petrol Vehicles To CNG

Innoson Opens Service Center For Conversion Of Petrol Vehicles To CNG

Innoson Vehicle has inaugurated a new car service center and a facility for converting diesel and petrol engines to Compressed Natural Gas (CNG) in Aba. The development aims to provide comprehensive automotive services, including maintenance and repair, while also promoting eco-friendly fuel alternatives through engine conversions. The facility is expected to cater to the growing demand for more sustainable and cost-effective fuel options in the region. Recall that the Abia State governor, Dr Al...
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American interest in electric vehicles short circuits for first time in four years

American interest in electric vehicles short circuits for first time in four years

Interest in electric vehicles has waned slightly among US motorists for the first time since 2020 says Pew Research, with only three out of ten Americans right now saying they’re considering a battery-powered ride for their next purchase. That’s a drop of nine percent in the past year, according to the analysis, which found respondents were most concerned about EV reliability and cost when comparing them to their gas-guzzling counterparts. Even more interesting is the considerable de...
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Gujarat Gas plans Rs 1,200-cr capex in FY25; 3.3 lakh households to get new connections

Gujarat Gas plans Rs 1,200-cr capex in FY25; 3.3 lakh households to get new connections

Home Companies Updated – June 28, 2024 at 12:26 PM. | Ahmedabad, June 28 Company is also planning to set up over 200 CNG stations, with the majority in Gujarat Gujarat Gas Ltd (GGL) has earmarked Rs 1,200 crore as capital expenditure for financial year 2024-25. A large portion of this capex will be used to expand its pipeline network and to provide new piped natural gas connections to over 3.3 lakh households in six states, including Gujarat. The city gas distribution (CGD) company is also...
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“From N28k On Petrol To Just N4k On CNG”, Motorists Shares Testimonies On Cost Savings, Efficiency (Video)

“From N28k On Petrol To Just N4k On CNG”, Motorists Shares Testimonies On Cost Savings, Efficiency (Video)

“What N28k worth of petrol covers now costs me N4k with CNG”, motorists shares testimonies on cost savings, efficiency.  A female driver revealed she now spends N4,100 on CNG to cover the same distance she pays N28,000 worth of petrol for.  A truck driver and a taxi driver also testified that CNG stands out as a more eco-friendly and cost-effective alternative fuel option. Some motorists who have converted their vehicles to use Compressed Natural Gas (CNG) as fuel have shared their testimo...
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FEC Approves N1.9bn for 33 CNG Vehicles, $1.442m Worth Arms, Ammunition for NDLEA

FEC Approves N1.9bn for 33 CNG Vehicles, $1.442m Worth Arms, Ammunition for NDLEA

FEC Meeting Presided Over by President Bola Tinubu FEC Approves N1.9bn for 33 CNG Vehicles, $1.442m Worth Arms, Ammunition for NDLEA The Federal Executive Council (FEC) has approved $1.442 million for the procurement of arms, ammunition and equipment for the National Drug Law Enforcement Agency (NDLEA) to boost its anti-narcotics operations. The Attorney-General of the Federation and Minister of Justice, Dr Lateef Fagbemi, who disclosed this while briefing journalists at the State House, Abuja,...
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China and Poland agree to boost cooperation on electric vehicles

China and Poland agree to boost cooperation on electric vehicles

China and Poland have agreed to cooperate on electric vehicles despite the European Union’s recent decision to raise tariffs on Chinese imports. “Both sides will support the growth of two-way investments in electric vehicles, green development, logistics and other sectors,” a joint action plan for 2024-27 said. The document, which aims to “strengthen the comprehensive strategic partnership” between the two countries, was issued after Chinese President Xi Jinping met his Polish counterp...
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Room to grow and eyes on U.S. market in China’s electric vehicle capital

Room to grow and eyes on U.S. market in China’s electric vehicle capital

LIUZHOU, China — Liuzhou may be a small city by Chinese standards, but it’s a big player when it comes to the country’s thriving electric vehicle industry. The city of 4 million, a longtime center of car manufacturing in the southwestern region of Guangxi, brands itself as an EV capital — and for good reason. Last year, it produced half a million EVs of all kinds, with the capacity to make about three times that. Huge industrial growth aided by the government has raised concerns about Ch...
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EU probe into Chinese electric vehicle subsidies stirs debate over ‘unfair’ treatment

EU probe into Chinese electric vehicle subsidies stirs debate over ‘unfair’ treatment

The European Union’s decision to increase tariffs on Chinese electric vehicles has triggered a debate about whether the country is being unfairly singled out. China is not alone in subsidising its domestic industry, but critics say the scale of its subsidies sets it apart. However, one Chinese economist defended state support for EVs, saying Brussels has not understood the thinking behind them. Trade tensions between the two sides escalated this month after the EU announced punitive tariffs of...
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EU and China set for talks on planned electric vehicle tariffs

EU and China set for talks on planned electric vehicle tariffs

By Maria Martinez SHANGHAI (Reuters) -China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday. Germany’s Economy Minister Robert Habeck said he had been informed by EU commissioner Valdis Dombrovskis that there would be concrete negotiations on tariffs with China. The confirmation came after China’s commerce ministry sai...
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FG Signs $3.5b Agreement with Afrexim to Promote Textile, Others

FG Signs $3.5b Agreement with Afrexim to Promote Textile, Others

Minister of Industry, Trade, and Investment, Dr Doris Uzoka-Anite FG Signs $3.5b Agreement with Afrexim to Promote Textile, Others The Federal Government has announced a $3.5 billion agreement with the African Export–Import Bank (Afreximbank) to enhance the textile industry and promote the use of compressed natural gas (CNG) vehicles among other initiatives. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, disclosed in a statement on X recently. Uzoka-Anite said the deal was...
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