Sweden’s Volvo Cars scraps plan to only sell electric vehicles by 2030

Sweden’s Volvo Cars scraps plan to only sell electric vehicles by 2030

Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be “pragmatic and flexible” amid changing market conditions and cooling demand. Volvo Cars, which is owned by China’s Geely Holding, had been among the first legacy carmakers to promise a complete switch to EVs. The firm said it’s long-term aim remains to become a fully electric carmaker. However, the company announced that by 2030 it now aims for between 90% to...
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Lanre Shittu Motors Introduces Full CNG Buses, Ready To Install Mobile CNG Stations Across The Country

Lanre Shittu Motors Introduces Full CNG Buses, Ready To Install Mobile CNG Stations Across The Country

Indigenous automaker, Lanre Shittu Motors, introduces Nigeria-assembled full Compressed Natural Gas-powered buses. It said 100 units of the LSM-branded CNG-powered buses in two specifications would be introduced into Nigerian market. These includes 31-seater for intra-airport shuttle and a 54-seater Mass Transit City bus that can travel 450-500 km before recharge. The company said LSM-branded CNG bus would give 70% reduction in operation costs, unlike petrol-diesel powered variants. LSM said it...
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Electric vehicles are the future. What happens to our gas-guzzling cars?

Electric vehicles are the future. What happens to our gas-guzzling cars?

Despite a recent slowdown in US sales, global forecasts for electric vehicles remain bullish. Countries across North America, Europe, and Asia are expanding charger networks and offering EV subsidies; global EV sales are projected to nearly triple by 2030, reaching 40 million vehicles annually. The incipient wave of EV purchases raises a question: What will happen to the millions of gas-powered cars whose owners no longer want them? The likely answer: Rather than scrapping used gas vehicles or s...
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Oyo government receives 20 CNG buses from FG

Oyo government receives 20 CNG buses from FG

The Oyo State Government has received 20 Compressed Natural Gas (CNG) buses from the federal government to ease the pressure brought on commuters by the increase in petrol price. Micheal Oluwagbemi, the chief executive officer and programme director of the Presidential Compressed Natural Gas Initiative (P-CNGI), presented the buses to the Pacesetter Transport Service (PTS), an agency of the state government, in Eleyele, Ibadan. “We present these 20 buses as part of a sustainable partnership wi...
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Honda’s Electric Vehicle Plans Has Not Changed

Honda’s Electric Vehicle Plans Has Not Changed

A new platform for Acura’s next electric SUV and the entire 0 Series lineup means Honda has no plans to slow down any electrification plans. “A lot of people are talking about a slowdown in electric vehicle sales,” Honda Executive Vice President Shinji Aoyama told reporters during a roundtable in Monterey. “Our focus is clear based on our goal to achieve carbon neutrality by 2050. “We have not changed our belief that battery-powered EVs are the most efficient solution in the area of ...
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China slams Canada over decision to introduce electric vehicle tariffs

China slams Canada over decision to introduce electric vehicle tariffs

HALIFAX — China slammed Canada’s decision to impose a 100 per cent import tariff on Chinese electric vehicles Tuesday, accusing it of politicizing trade and vowing to retaliate. Prime Minister Justin Trudeau announced the move at the federal cabinet retreat in Halifax on Monday, four months after U.S. President Joe Biden announced similar plans. Europe is also planning tariffs, though at a lower rate. Canadian automakers welcomed the plan, though some environmental activists panned it, f...
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What To Do During a Power Outage If You Have an Electric Vehicle

What To Do During a Power Outage If You Have an Electric Vehicle

If you have an electrical vehicle (EV) or are thinking of purchasing one in the future, you may have wondered what you’d do about charging if the power goes out. But did you know you can actually use your EV as a power source in that same scenario? Your EV can step in to power your laptop if you are working from home, provide juice to your outlets, and even keep your appliances going. We explore these features and then some below, so you won’t ever be left in the dark: Your EV can act as a b...
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China Accuses Canada of Protectionism Over 100% Tariffs on Electric Vehicles

Ng Han Guan A Chinese paramlitary policeman crosses the road near vehicles outside the Canadian embassy in Beijing, Tuesday, Aug. 27, 2024. (AP Photo/Ng Han Guan) BEIJING (AP) — China on Tuesday accused Canada of protectionism after Prime Minister Justin Trudeau’s government imposed a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. duties on Chinese EVs. The Chinese Commerce Ministry said the tariffs would disrupt the stability of global industrial and supply chai...
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Electric Vehicle Charging Station Manufacturing Plant Setup Report: Investment Opportunities and Machinery Requirements

Electric Vehicle Charging Station Manufacturing Plant Setup Report: Investment Opportunities and Machinery Requirements

IMARC Group’s report titled “Electric Vehicle Charging Station Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue” provides a comprehensive guide for establishing an electric vehicle charging station manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, m...
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Canada imposes a 100% tariff on Chinese-made electric vehicles

Canada imposes a 100% tariff on Chinese-made electric vehicles

TORONTO — Canada announced Monday it is launching a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. tariffs imposed over what Western governments say are China’s subsidies that give its industry an unfair advantage. The announcement came after encouragement by U.S. national security advisor Jake Sullivan during a meeting with Canadian Prime Minister Justin Trudeau and Cabinet ministers Sunday. Sullivan is making his first visit to Beijing on Tuesday. Trudeau s...
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