Nigeria Customs gives conditions for implementation of zero tariffs on CNG, LPG

Nigeria Customs gives conditions for implementation of zero tariffs on CNG, LPG

The Nigeria Customs Service said importers of gas-related equipment must present a letter of Import Duty Exemption Certificate (IDEC) from the Federal Ministry of Finance and a letter of support from the Office of the Special Adviser to the President on Energy to benefit from a zero import tariff. This comes as the service on Wednesday announced that it has commenced the implementation of a zero import tariff for all gas equipment importation. Items to be exempted from the import tariff comprise...
Read More
Treasury to Roll Out Electric Vehicles for Key Government Institutions

Treasury to Roll Out Electric Vehicles for Key Government Institutions

The National Treasury has announced plans to acquire electric vehicles (EVs) for four key government institutions. In a tender notice published on Tuesday, December 17, the Treasury invited local and international manufacturers and dealers to lease electric vehicles to the government. The plan targets the National Police Service (NPS) the National Government Administrative Services, the Kenya Prisons Service, and various ministries. “Tendering will follow the Stage Tendering Procurement Proced...
Read More
Electric vehicle transition could create unwanted air pollution hotspots in China and India

Electric vehicle transition could create unwanted air pollution hotspots in China and India

While electric vehicles have become a cornerstone of the global energy transition, new research led by Princeton University has demonstrated that refining the critical minerals needed for electric vehicle batteries could create pollution hotspots near manufacturing hubs. Focusing on China and India, the researchers found that national sulfur dioxide (SO2) emissions could increase by up to 20% over current levels if the countries were to fully domesticize their supply chains for electric vehicles...
Read More
Customs To Auction Overtime Vehicles, FRSC ‘Peace Ambassador Plates’, LASG CNG Refueling Stations, News In The Past Week

Customs To Auction Overtime Vehicles, FRSC ‘Peace Ambassador Plates’, LASG CNG Refueling Stations, News In The Past Week

Nigeria Customs to auction overtime vehicles, FRSC ‘Peace Ambassador Plates’, LASG CNG refueling stations, news in the past week. FRSC Denies Partnership With WACORPAI On Issuance Of “Peace Ambassador” Number Plates The Federal Road Safety Corps (FRSC) has issued a disclaimer, dissociating itself from any partnership with a group called Wazobia Conflict Resolution and Peace Initiative (WACORPAI) regarding the issuance of “Peace Ambassador” number plates. In a statement on Wednesday,...
Read More
The UK Electric Vehicle Boom Is Set to Accelerate

The UK Electric Vehicle Boom Is Set to Accelerate

Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Dec 15, 2024, 10:00 AM CST The UK is expected to witness a significant decline in petrol car sales and a rise in EV adoption over the next decade. Government mandates and improving EV affordability are driving the transition to electric vehicles. While there...
Read More
FG, firm plan 100,000 CNG vehicles conversion

FG, firm plan 100,000 CNG vehicles conversion

The Federal Government, through the Small and Medium Enterprises Development Agency of Nigeria, has announced plans to convert 100,000 vehicles to compressed natural gas within 18 months. SMEDAN said the initiative, which is in collaboration with the presidential committee on the Compressed Natural Gas Initiative and Rolling Energy, was focused on reducing costs for small and medium enterprises while supporting Nigeria’s transition to cleaner energy. The Director-General of SMEDAN, Charles Odi...
Read More
BMW Group Plant Regensburg Produces A Record 100,000 Fully-electric Vehicles In 2024

BMW Group Plant Regensburg Produces A Record 100,000 Fully-electric Vehicles In 2024

BMW Group Plant Regensburg in Germany sets new record, produces 100,000 fully-electric vehicles in 2024. Milestone vehicle is a BMW iX1 electric SUV finished in Blue Bay Lagoon metallic destined for the island of La Réunion. BMW Group Plant Regensburg recently named “FACTORY OF THE YEAR” 2024 in the category “excellent large-series assembly”. More than 1,400 BMW X1 and X2 models roll off the production line every workday – all destined for customers all over the world. Weeks after cli...
Read More
Toyota Kirloskar All-New Camry Hybrid Electric Vehicle Unveiled

Toyota Kirloskar All-New Camry Hybrid Electric Vehicle Unveiled

Bangalore: Toyota Kirloskar Motor today unveiled the All-New Camry hybrid electric vehicle, designed to be a “Sedan to the Core”. Reiterating its commitment towards realising the carbon neutral goals, the All-New Camry Hybrid Electric Vehicle is equipped with advanced 5th generation hybrid technology, delivering significantly improved efficiency and enhanced performance. This new model brings unmatched sophistication with cutting-edge safety features, elevated exteriors and interiors, se...
Read More
NIO’s upcoming electric vehicle to challenge Mini, Smart: CEO

NIO’s upcoming electric vehicle to challenge Mini, Smart: CEO

William Li, NIO’s founder, chairman, and chief executive briefed audience about the company’s plan in EV recharging network at its Power Up event in Wuhan, capital city of the central Chinese province of Hubei on Tuesday, August 20, 2024. Credit: NIO NIO’s first small electric vehicle model will be smaller than Mercedes-Benz’s Smart-branded cars and come with an intelligent driving system expected to outperform that of its rivals such as the Mini Cooper, founder, chairman, and chief exec...
Read More
BYD Will Produce Electric Vehicles in Europe Next Year

BYD Will Produce Electric Vehicles in Europe Next Year

BYD‘s global expansion is still ongoing, and next year the company will produce its best-selling models Dolphin and Atto 3 in Europe. In an interview with the German business magazine Capital, Li Ke, head of BYD’s European region, revealed that BYD is building a large production base in Hungary and will start capacity expansion by the end of 2025. Li Ke stated that initially BYD planned to produce the micro electric car Seagull in Europe first, but the company adjusted its production priorit...
Read More
en_USEnglish