EV News
EV News
Commuters in Nigeria’s Federal Capital Territory, Abuja, can now enjoy more affordable transport, following the announcement of a 40% fare reduction for taxis powered by Compressed Natural Gas (CNG). The initiative is part of the Presidential Compressed Natural Gas Initiative (PCNGI), which aims to provide a cleaner, cost-effective alternative to petrol and ease…
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South Korea’s Asia Economic Development Committee (AEDC) has proposed a partnership with Nigeria to support solar equipment production and electric vehicle (EV) manufacturing in the country. Vice-President Kashim Shettima welcomed the proposal on Tuesday during a courtesy visit by an AEDC delegation led by its Chairman, Mr Yoon Suk-hun, to the Presidential Villa in…
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NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), is set to acquire a 5.2 million standard cubic feet per day Compressed Natural Gas (CNG) compression and refuelling facility from Gas Network Services Limited (GNSL). This development, disclosed in a merger and acquisition notice issued by the Federal…
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The National Agency for Science and Engineering Infrastructure (NASENI) has raised concern over Nigerians’ continued preference for foreign goods, despite the growing capacity and quality of locally-made products. At a stakeholders’ engagement on Thursday in Akure, the capital of Ondo State, NASENI’s Deputy Director of Engineering, Mr. Joseph Alasoluyi, lamented the lack of patronage…
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Chinese battery giant CATL has launched a new sodium-ion battery it says will “restructure” the EV industry. Photo: WANG Zhao / AFPSource: AFP Chinese battery giant CATL launched on Monday a new sodium-ion battery it says will restructure the electric car industry, and a new system to combine two battery technologies into one car….
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Toyota Motor Corporation aims to have about 15 electric vehicle models developed on its own by 2027 and is targeting production of about 1 million cars a year by then, the Nikkei newspaper said. Toyota declined to comment, saying the information was not announced by the company. Toyota has five EV models developed in-house,…
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LAGOS (SUNDIATA POST)- The Nigerian Gas Association (NGA) says the gas sector has attracted more than five billion dollars in new investments as at 2024. Mr Akachukwu Nwokedi, President of the NGA, disclosed this during a news confe rence on Saturday in Lagos, ahead of the 29th World Gas Conference (WGC 2025) scheduled for…
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The Programme Coordinator of the Presidential CNG Initiative (PCNGI), Michael Oluwagbemi, has disclosed that over $491 million has been invested in AutoCNG, creating more than 84,000 jobs in the past year. According to him, of the 84,000 jobs, 9,000 are direct while 75,000 are indirect. AutoCNG refers to vehicles that run on Compressed Natural…
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The Presidential Compressed Natural Gas Initiative (PCNGI) has signed a memorandum of understanding with LNG Arete Ltd to boost the use of compressed natural gas (CNG) in Nigeria’s transport sector. Michael Olowagbemi, Program Director of PCNGI, said the agreement aligns with President Bola Tinubu’s push to make transportation more affordable by tapping into the…
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LOXEA Nigeria, a subsidiary of CFAO Mobility, proudly announces the introduction of BYD (Build Your Dreams) electric vehicles to the Nigerian market. This happened over the weekend in a fine, glamorous evening under the stars at Alliance Francaise Ikoyi! By offering BYD vehicles – BYD Atto 3 and BYD Dolphin, LOXEA becomes the pioneer…
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In a significant move towards sustainable energy and improved waste management, the Lagos State Government has announced plans to establish waste-to-energy plants at strategic locations across the city. This initiative, spearheaded by the Lagos Waste Management Authority (LAWMA), will involve the closure of major landfills, including the notorious Olusosun dumpsite in Ojota, and the…
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