EV News
EV News
adminisBenchmark copper prices on the London Metal Exchange (LME) surged past $13,000 per metric ton for the first time, reaching intraday highs around $13,387–$13,387.50 on January 6, before settling slightly lower. This extends a massive rally from 2025 up ~42% annually, driven by: Tight global supply from mine disruptions e.g., strikes in Chile, accidents…
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adminisMinister of Information and National Orientation, Mohammed Idris, has said the 2026 budget is strategically designed to consolidate the gains of President Bola Tinubu’s reform agenda, which he noted is already yielding positive results. Idris made this known in an op-ed published yesterday in national newspapers, titled, “A Defining Moment for Nigeria: Why Staying…
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adminisThe Executive Chairman/Managing Director of LUG West Africa, Mr. Imran Oladimeji Hamzat, has said that Nigeria is gradually becoming a huge market for electric vehicles, stating the country has recorded a significant rise in electric vehicle adoption, as between 2020 and 2025, the country has experienced an estimated 400 per cent increase in electric…
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adminisNigeria’s gas transition is increasingly being measured not by policy roadmaps but by infrastructure that is operating on the ground, with pipelines delivering fuel to industrial plants and compressed natural gas (CNG) facilities supplying alternatives to diesel and petrol across key corridors of the economy. Recent project deliveries across Nigeria’s gas value chain point…
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adminis3 LAGOS – The Federal Government has signed a Memorandum of Understanding (MoU) with Chinese infrastructure and Internet of Things (IoT) solutions provider, You Jie Te Environment Technology Ltd (YJT), to localise the manufacturing and assembly of Compressed Natural Gas (CNG) and electric vehicle (EV) infrastructure in Nigeria. The agreement was executed through the…
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adminisWhile Nigeria has long been celebrated as a leading oil producer, its gas resources have often remained underutilized. With proven reserves of 206 trillion cubic feet (TCF) of gas compared to 36.9 billion barrels of crude oil, Nigeria’s future energy security and economic diversification are intrinsically linked to gas development. Since assuming office as…
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adminisThe Marina waterfront was transformed into a high-octane arena on Sunday, December 21, 2025, as the 2025 Lagos AutoFest successfully concluded its most ambitious edition to date. Co-hosted by the BMW Club of Nigeria and Work and Play Nigeria, the motorsports exhibition brought together over 100 car and bike enthusiasts in a spectacular display…
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adminisThe Federal Government, through the Federal Ministry of Education, has announced that Technical and Vocational Education and Training (TVET) Batch B will reopen for registration in 2026, as the goal is to train over one million youths within the next two years. This will begin after the completion of Batch A enrollment of 250,000…
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adminisBennett Oghifo SAGLEV, an assembler of electric vehicles, has emerged winner of the 2025 Nigeria EV Brand of the Year. The award was conferred by the Nigeria Auto Journalists Association (NAJA), on Tuesday, 16 December 2025, at the Oriental Hotel, Lagos. Other nominees in this category were BYD and Wuling. This recognition took place…
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adminisA Delaware appeals court cleared the way Friday for Elon Musk to receive a long-contested $56 billion Tesla pay package, reversing an earlier judgment in the protracted case. The decision by the Delaware Supreme Court rejects a pair of judgments by Chancellor Kathaleen McCormick of the state’s Court of Chancery and sets the…
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adminisLiquefied natural gas (LNG) tanker is passing by Strait of Singapore. Chairman of the Presidential Initiative on Compressed Natural Gas (Pi-CNG), Ismael Ahmed, has said that there was significant level of investor confidence in the initiative, adding “today, we have mobilised over $2 billion in investment commitments.” He said the figure has surpassed the initial…
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adminisACCI asks FG to expand CNG, EV conversion centres, offer subsidies to boost adoption error: Content is protected from copying. Source link
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