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  • November 19, 2024
  • 4 minutes Read
Cross River plans 120MW power generation – Official

The Cross River State Government says it is planning to generate about 120MW from combined sources in a bid to ensure steady and reliable power supply across the state. The state’s Commissioner for Power, Eka Wiliams, disclosed this in an interview with the News Agency of Nigeria in Calabar on Tuesday. The commissioner listed…

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  • November 16, 2024
  • 4 minutes Read
More option for Nigerians as Taiwan launches electric motorcycles in Nigeria

The Chief Missioner of Taiwan in Nigeria, Andy Yih-Ping Liu, has unveiled electric motorbikes He stated that the development will help to support Nigeria in its efforts to achieve a carbon-free environment Liu emphasized that Nigeria’s strive for a pollution-free environment would be aided by the new electric motorcycles Legit.ng journalist Zainab Iwayemi has…

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  • November 13, 2024
  • 8 minutes Read
Safety fears, high costs, insufficient filling stations

From Adanna Nnamani and Sola Ojo, Abuja Despite the soaring cost of premium motor spirit (PMS), commonly known as petrol, not many drivers seem to be embracing compressed natural gas (CNG), which is 70 percent cheaper, as an alternative fuel for their vehicles in Nigeria. The Federal Government introduced CNG as a cheaper and…

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  • November 10, 2024
  • 3 minutes Read
Rivers State, firm sign agreement to boost eco-friendly public transportation

To sustain eco-friendly and affordable transportation, the Rivers State Government, led by the Governor Siminalayi Fubara, has signed a Memorandum of Agreement (MoA) with SIX-EV Ltd. to introduce electric three-wheelers and electric buses. This people-centered project aims to address the transportation needs of Rivers State residents, particularly in light of rising fuel costs, by…

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  • November 7, 2024
  • 4 minutes Read
Over $200m Invested In CNG Initiative, PCNGi Says

The Presidential Compressed Natural Gas Initiative (PCNGi) has announced that more than $200 million has been invested in the Compressed Natural Gas (CNG) value chain. This initiative encompasses the establishment of 140 conversion centres nationwide. In a statement issued on Wednesday, Michael Oluwagbemi, the Project Director and Chief Executive Officer of PCNGi, announced that…

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  • November 4, 2024
  • 3 minutes Read
FG plans local manufacturing of electric vehicles

The Federal Government through the National Automotive Design and Development Council has initiated a process to begin the manufacturing and assembling of electric vehicles locally. It is planning a collaborative partnership with a Moroccan firm to begin EV production locally. The NADDC Director-General/CEO, Joseph Osanipin, disclosed this information in an exclusive interview with The…

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  • November 1, 2024
  • 2 minutes Read
KWASU ventures into commercial electric, CNG vehicle conversions

Kwara State University (KWASU) Malete has ventured into large-scale commercial conversion of petrol vehicles to Compressed Natural Gas (CNG) and electric vehicles. The varsity located in Moro local government said it has successfully converted three vehicles into electric and another one into CNG. At a press conference on Friday, the Vice Chancellor, Prof. Shaynkh…

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  • October 29, 2024
  • 3 minutes Read
Hefty electric vehicle costs dent Ford profits

The results were the latest in which Ford has seen profits from its conventional internal combustion engine and fleet businesses offset losses in electric vehicles. Photo: JULIEN DE ROSA / AFPSource: AFP Ford reported lower profits Monday and reduced its full-year earnings outlook as hefty one-time electric vehicle (EV) expenses weighed on results. The…

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  • October 23, 2024
  • 4 minutes Read
Strong auto prices lift GM results as it eyes China revamp

General Motors’ Cadillar Lyriq is built in Spring Hill, Tennessee in a plant that can produce either conventional or electrical vehicles, depending on demand. Photo: SCOTT OLSON / GETTY IMAGES NORTH AMERICA/Getty Images via AFP/FileSource: AFP General Motors reported strong earnings Tuesday on robust pricing as the Detroit giant said it was hopeful about…

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  • October 20, 2024
  • 5 minutes Read
SON blames substandard CNG cylinder for vehicle explosion at Benin City filling station – Businessday NG

…Warns against uncertified equipment …Experts urge private sector involvement to boost FG’s CNG initiative The Standards Organisation of Nigeria (SON) has attributed the recent explosion of a Compressed Natural Gas (CNG) vehicle during refuelling at a NIPCO filling station in Benin City, Edo State, to the use of a substandard CNG cylinder. The explosion,…

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  • October 17, 2024
  • 3 minutes Read
Tesla moves $769 million in Bitcoin to multiple unknown wallets 

Tesla, America’s foremost electric car manufacturer has quietly moved over $769 million worth of its BTC assets to several unknown wallets in a move sparking speculation in the crypto community. The transactions were picked up by Onchain tracker Arkham Intelligence which revealed that wallets linked to Tesla started making a series of transactions on…

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