EV News
EV News
dnotionROXETTES Motors is almost set to commence the assembling of vehicles in Abia State before the end of October 2024 as the construction of its assembly plant at Obu-Aku City in Ukwa West Local Government Area of Abia State nears completion and all the equipment needed to start the 40,000 units of automobiles per…
Continue reading
dnotionElectric vehicles (EVs) are becoming a global priority as countries strive to meet climate targets. According to Earth.Org, 17 nations already committed to 100% zero-emission vehicle targets or phasing out internal combustion engines by 2050. “The race to lead the EV market is intensifying, particularly between the US and China, where significant strides have…
Continue reading
dnotionThe Nigerian government has provided subsidies to accelerate the adoption of CNG, encouraging more transporters to use it Motorists have consistently complained about the high cost of converting their vehicles from petrol to the cheaper fuel alternative The latest move by the federal government is set to help transporters save up to N300,000 spent…
Continue reading
dnotionA female driver revealed she now spends N4,100 on CNG to cover the same distance she pays N28,000 worth of petrol for. Another truck driver and a taxi driver also testified that CNG stands out as a more eco-friendly and cost-effective alternative fuel option. Some motorists who have converted their vehicles to use Compressed Natural…
Continue reading
dnotionAs the world moves towards a more sustainable future, the automotive industry is experiencing a significant shift – the rise of electric vehicles (EVs). This revolution is not just a change in the type of fuel used but a disruption that is redefining the entire automotive ecosystem. As the largest economy in Africa, Nigeria…
Continue reading
dnotionNigeria’s government has called for increased bilateral cooperation with Agence Française de Développement (AFD) in areas of mutual benefit. This was disclosed by the Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu, during a courtesy visit by the AFD Group Mission Executive in Nigeria, held in Abuja. The Minister was represented by…
Continue reading
dnotionThe National Automotive Design and Development Council, NADDC, says Nigeria’s reliance on imported vehicles puts pressure on forex and hinders job creation and economic growth. The Director-General of NADDC, Joseph Osanipin, made the assertion at a Nigerian Auto Industry Summit on Thursday in Lagos. The summit was organised by the Nigeria Auto Journalists Association,…
Continue readingdnotionIf Africa is serious about clean energy transition and sustainability, it must show commitment and partner with the relevant stakeholders in the energy chain, the chief executive of Egbin Power Plc, Mr Mokhtar Bounour, has submitted. Speaking at the maiden edition of a Sahara Group initiative known as Asharami Square in Lagos on Monday,…
Continue reading
dnotionAt the end of the Southern Governors Forum meeting held on Monday, 24th June 2024, the following resolutions were made by the Governors: The Forum paid respects to the immediate past Chairman, late Governor Oluwarotimi Akeredolu SAN, and extended their courtesies to his family while appreciating the past Chairman for the solid foundation he…
Continue reading
dnotionExecutive Vice Chairman of NASENI, Khalil Suleiman Akilu was on a facility tour to the production facility of Oral-B Nigeria at Lekki Free Trade Zone on Wednesday in Lagos to deepen cooperation and partnership with the private sector. Writing on his social media pages, the EVC said: “I visited the Oral-B Nigeria production plant…
Continue reading
dnotionThe rationale behind the removal of fuel subsidy was that Nigeria could no longer sustain the financial burden of subsidizing fuel. By ending the subsidy regime, the government aimed to free up funds for investment in critical sectors such as infrastructure, healthcare, and education. Fuel Subsidy removal led to an immediate sharp increase in…
Continue reading
dnotionGovernors from the southern part of Nigeria, under the aegis of the Southern Governors’ Forum, have called for the consideration of the cost of living and the ability of each state to pay in reaching an agreement on the new minimum wage. They also advocated that each state negotiate the new wage with the…
Continue reading
