In a significant boost to the Lagos Ride (Lagride) initiative, the Lagos State Government is set to receive 5,000 brand new vehicles for its taxi scheme over the next few months. This announcement was made during a partnership signing ceremony between Ibile Holdings, the investment arm of the Lagos State Government, and Chinese automobile company Read More…
Tag: electric vehicles
Electric vehicles surprisingly outpace oil demand reduction at COP28 Conference, reveals IEA
According to a report unveiled at the COP28 climate conference in Dubai by the International Energy Agency (IEA), the global drive toward electric vehicles (EVs) is markedly denting the demand for fossil fuels, despite concerns about the sluggish reduction in fossil fuel consumption to combat climate change. Industry experts note that soaring sales of EVs Read More…