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Watch: The eco-entrepreneur sparking the electric vehicle revolution in Nigeria – Euronews
Commercial EV, Electric Car, Electric Fleet February 28, 2024 Yuri Stoval Comments: 0

Watch: The eco-entrepreneur sparking the electric vehicle revolution in Nigeria – Euronews

By Gregory Ward & Hillary Ebele Nnoruka The young entrepreneur is driving change in Nigeria with his groundbreaking company, African Motor Works. Mustapha is transforming Nigeria’s transportation sector while focusing on affordability and sustainability. “Our main reasons for building electric vehicles are the high cost of mobility, cost of energy and carbon emissions,” Mustapha Abubakar Gajibo, Founder and CEO of African Motor Works, tells SCENES. The young business o...
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Govt to extend tax concessions for electric vehicles
Commercial EV, Electric Car, Electric Fleet February 28, 2024 Lawanda Serna Comments: 0

Govt to extend tax concessions for electric vehicles

Financial Secretary Paul Chan announced on Wednesday that the government will extend tax concessions for electric vehicles for two years, but the amount will be cut by 40 percent. The concessions were first introduced in 2018 and were due to expire at the end of next month. The maximum first registration tax concession for electric private cars will be cut from HK$97,500 to HK$58,500. Under a scheme designed to encourage car owners to scrap their old cars and swap them for electric vehicles, the...
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‘A deluge of electric vehicles is coming’
Commercial EV, Electric Car, Electric Fleet February 27, 2024 Qiana Pepper Comments: 0

‘A deluge of electric vehicles is coming’

BYD electric cars waiting to be loaded onto a ship are seen stacked at the international container terminal of Taicang Port in Suzhou, China (Image credit: STR / AFP via Getty Images) published 27 February 2024 ‘China’s electric vehicles are going to hit Detroit like a wrecking ball’ Robinson Meyer in The New York Times Subscribe to The Week The Week provides readers with a wide range of perspectives from 200 trusted news sources. Try 6 Free Issues Sign up for The Week’s...
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Cobalt-Free Future: MIT’s New Organic Battery Material Could Revolutionize Electric Vehicles
Commercial EV, Electric Car, Electric Fleet February 19, 2024 Massachusetts Institute of Technology Comments: 0

Cobalt-Free Future: MIT’s New Organic Battery Material Could Revolutionize Electric Vehicles

A new MIT battery material could offer a more sustainable way to power electric cars. Instead of cobalt or nickel, the new lithium-ion battery includes a cathode based on organic materials. In this image, lithium molecules are shown in glowing pink. Credit: MIT Chemists at MIT have created a battery cathode from organic materials, which could reduce the electric vehicle industry’s dependence on rare metals. Many electric vehicles are powered by batteries that contain cobalt — a metal that ca...
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Executive order that modified tariff rates for electric vehicles up for review
Commercial EV, Electric Car, Electric Fleet February 19, 2024 Kristina Maralit Comments: 0

Executive order that modified tariff rates for electric vehicles up for review

THE executive order that modified the tariff rates for Electric Vehicles (EVs) will be up for review next week, and stakeholders are hopeful that it will be expanded to include e-motorcycles in the list of vehicles to be given tax breaks. EO No. 12 was uploaded in the Official Gazette on January 19, 2023. It will be up for mandatory review beginning February 21, 2024, one year after it took effect. Already have an active account? Log in here. Continue reading with one of these options: Unlimited...
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With CNG-Powered Buses, Ogun Leads The Pack In Post-Subsidy Transport
Electric Car, Electric Fleet November 4, 2023 News Investigators Comments: 0

With CNG-Powered Buses, Ogun Leads The Pack In Post-Subsidy Transport

By Kayode Akinmade A thinking leader is a planning leader. There is no gainsaying the fact that Nigeria, especially given the multifaceted challenges with which it currently has to contend, needs leaders with strategic foresight: a unique ability to identifying current and future trends and initiate sustainable plans to respond to them. Angela Miller, a scholar at the Department of Foresight, University of Houston, Stuttgart, Germany, notes that foresight is particularly helpful for planning and...
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