Auto Business

FG launches CNG conversion centre in Lagos, paves way for greener energy future

The Federal Government has officially unveiled a Compressed Natural Gas (CNG) vehicles pilot conversion centre in Lagos State, marking a significant milestone in sustainable energy adoption. The project, initiated through the Presidential CNG Initiative (P-CNGi), aims to revolutionise Nigeria’s energy landscape. Mr. Michael Oluwagbemi, CEO of P-CNGi, expressed the importance of this endeavour at the Read More…

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Investment in automotive design panacea for unemployment — NADDC

The Director-General, National Aumotive Design and Development Council (NADDC), Mr Jelani Aliyu, says investment in automotive design is the panacea for unemployment in Nigeria. Aliyu disclosed this on Saturday in Owerri during the closing ceremony of a two-week training in automotive design organised by the council in collaboration with Coscharis Technologies Ltd. He said that Read More…

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Tesla 2020 deliveries beat estimates, but fall just short of Musk’s target

Tesla Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry. The company delivered 499,550 vehicles during 2020, above Wall Street estimates of 481,261 vehicles, according to Refinitiv data – but 450 Read More…