EV News
EV News
dnotionThe Federal Government has listed insurance premiums, winnings from lotteries and reality shows among transactions exempted from the new withholding tax regime. This is according to the Deduction at Source (withholding) Regulations 2024 signed by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, seen by The PUNCH. On reality shows…
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dnotionLucid Motors has set a new record of electric vehicle deliveries after reporting the delivery of 2,394 EVs in the second quarter of 2024. The new record comes as Lucid struggles to establish a foothold in the still-growing market for electric vehicles. The new delivery record floor Lucid’s prior record which it set in…
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dnotionAustralian owned storage battery and EV charger manufacturer eLumina is nearing completion of a $20 million manufacturing facility located on the Gold Coast which will be the first in the country capable of producing both community lithium-ion batteries and EV chargers. eLumina was founded in 2022 and has already installed the first of its…
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dnotionBy Sa’adatu Mohammed The Presidential CNG Initiative (Pi-CNG) is a crucial component of the current administration’s efforts to alleviate the public hardships that resulted from the removal of fuel subsidies by the Federal Government of Nigeria. This initiative primarily focuses on diversifying Nigeria’s energy sources, reducing reliance on petrol and diesel, and addressing environmental…
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dnotionNNPC has predicted a significant drop in Compressed Natural Gas (CNG) prices in Nigeria as adoption increases The belief is that when major gas projects are completed, the cost of CNG, currently priced around 200, will drop further More Nigerians are converting their vehicles to CNG-compatible systems and taking advantage of new filling stations…
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dnotionChina’s electric vehicle giant BYD will open a factory in Turkey. Photo: Lillian SUWANRUMPHA / AFP/FileSource: AFP China’s electric vehicle giant BYD will open a factory in Turkey, a government source told AFP on Monday, as the company continues its international expansion. “BYD will open a plant in Turkey,” the source said, adding the…
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dnotionLG Energy Solution and Liontown Resources Limited (Liontown) entered into a strategic partnership aimed at fortifying their long-term collaboration in the global lithium sector. The companies signed a convertible note subscription agreement, an extended offtake agreement for the supply of high-quality lithium spodumene from Liontown’s Kathleen Valley project, and a downstream collaboration agreement to…
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dnotionThe Nigerian National Petroleum Company Limited (NNPC) has disclosed plans to build 100 CNG stations nationwide The company said it also plans to build three LPG stations in Ajaokuta to guarantee Nigeria’s energy needs The Group Chief Executive Officer of NNPC, Mele Kyari, disclosed this at the commissioning of 12 CNG stations in Lagos…
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dnotion[mc4wp_form id=33047] The Nigeria Excellence Awards in Public Service (NEAPS) has conferred its Distinguished Award for Gas Revolution on the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari. The award was presented to the NNPC Boss by Vice President Kashim Shettima. The award ceremony, coordinated by the Office…
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dnotionKyari was conferred with the award at a ceremony held at the State Banquet Hall of the Presidential Villa in Abuja over the weekend. Kyari’s relentless efforts in the actualization of “from gas to prosperity,” the presidential mantra, have resulted in the recent commissioning of 12 CNG stations across Lagos and Abuja. At the…
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dnotionHow Construction Sites Can Utilize Clean Energy Source link
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dnotionOne of the operators in the oil and gas sector, the Group Managing Director (GMD) of Techno Oil Limited, Mrs Nkechi Obi, has urged the Federal Government to reinstate 40 per cent import duties on Liquefied Petroleum Gas (LPG) cylinders. She also urged the central authority to reverse its policies on the importation of…
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