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...
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FG sets 2027 target for one million vehicles to run on CNG

FG sets 2027 target for one million vehicles to run on CNG

By Oluyemi Ogunseyin 29 March 2024   |   9:04 pm The Federal Government has set 2027 as the year when at least one million vehicles in Nigeria will run on Compressed Natural Gas (CNG). The Project Director for Presidential Compressed Natural Gas Initiative (PCNGI), Michael Oluwagbemi disclosed that this is the target set by President Bola Ahmed Tinubu. According to Oluwagbemi, the target will see… President Bola Ahmed Tinubu has set 2027 for one million vehicles to run on CNG The Federal Gov...
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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...
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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...
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Young: Govt closer to finding barge’s owners | Local News | trinidadexpress.com

Young: Govt closer to finding barge’s owners | Local News | trinidadexpress.com

THE Government is closer to finding the owners of the Gulfstream barge which caused a massive oil spill when it sank off Cove Estate in Tobago last month. This from Energy Minister Stuart Young while speaking yesterday at the Magdalena Grand Resort at Lowlands during the launch of the public CNG station for Tobago. The station will be located at the Cove. “And just to remind people that this was something that had absolutely nothing to do with us in Tobago or in Trinidad, and the owners of the...
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FG pledges to support Cross River CNG processing plant

FG pledges to support Cross River CNG processing plant

The Federal Government pledges that it will establish a Compressed Natural Gas (CNG) processing plant In Odukpani Local Area of Cross River State. Vice President Kashim Shettima made the pledge in Calabar during Energy Cross River Expo 2024, tagged, “Redifing the Energy Architecture of Cross River State Using Sustainable Fuel” This follows President Bola Tinubu’s approval for the establishment of the Presidential CNG Initiative (Pi-CNG) last year as part of his palliativeinterventions aime...
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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...
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Niger State set to introduce 200 CNG buses for sustainable public transportation

Niger State set to introduce 200 CNG buses for sustainable public transportation

The Niger State Government has officially disclosed that a fleet of 200 Compressed Natural Gas (CNG) powered buses, recently acquired, will soon commence public transportation operations across the state. This announcement was made public by Abdulberqy Usman Ebbo, Special Adviser on Digital Communications to Governor Mohammed Umaru Bago of Niger State, who shared this development through his verified X account platform on Monday. Recall that this initiative follows Governor Bago’s strategic mo...
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Inside the GOP Attacks on Electric Vehicles

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Bajaj Auto plans to launch CNG-run bike, says MD Rajiv Bajaj – Republic World

Bajaj Auto plans to launch CNG-run bike, says MD Rajiv Bajaj – Republic World

Updated March 22nd, 2024 at 17:13 IST The new bike would target mileage-conscious consumers and is expected to launch under a different brand. Reported by: Business Desk Bajaj Auto CNG Bike | Image:Pexels Taking cue from CNG 3-wheelers: Aiming to launch a new bike that can meet the needs of mileage-conscious consumers, leading two-wheeler and the-wheeler maker, the Pune-headquartered Bajaj Auto is in the process of developing a portfolio of clean fuel CNG motorcycles, Bajaj Auto Managing Directo...
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