EV News
EV News
dnotionFuel prices at filling stations in Abuja and other Nigerian cities have surged to a new high amid fuel scarcity Nigerians have expressed their disappointment as transporters pass the cost of petrol price to passengers NNPC has assured that there is availability of the product and has made moves to solve the logistic challenges…
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dnotionA notice from the U.S. National Highway Traffic Safety Administration (NHTSA) has it that Lucid Group is recalling about 5,251 of its 2022-2023 Air luxury sedans. The recall of the sedans is due to a software error that could cause a loss of power, the notice reads. The NHTSA also added that Lucid will…
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dnotionThe President Bola Ahmed Tinubu-led Federal Government says it is targeting the conversion of one million vehicles to Compressed Natural Gas (CNG) by 2027. The Strategic Business Education Adviser, Presidential Initiative on CNG programme Babajide Awolowo disclosed this on Tuesday at a stakeholders forum organized by the Kogi State Government in collaboration with Automotive…
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dnotionGlobal trade “is not having the best of times at the moment”. That was the admission of the Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala. “We are seeing increasing protectionism, some undermining of the WTO rules, and some of this is leading to fragmentation,” she told the BBC yesterday. Global trade…
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dnotionThe NNPC Ltd has said that the fuel queues seen in the FCT, and some parts of the country are because of disruption of ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol, between Mother Vessels and Daughter Vessels resulting from recent thunderstorm. Fuel sale The adverse weather condition has also…
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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…
Continue readingdnotionLucid 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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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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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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