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Fisker files for bankruptcy protection, the second electric vehicle maker to do so in the past year

Fisker files for bankruptcy protection, the second electric vehicle maker to do so in the past year

By  MICHELLE CHAPMAN Updated : , ,   Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology. Fisker Group Inc. said in a filing with the U.S. Bankruptcy Court in Delaware that its estimated assets are between $500 million and $1 billion. It estimated liabilities are between $100 million and $500 million, with between 200 a...
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Creek Transitway partners Rivers on CNG infrastructure

Creek Transitway partners Rivers on CNG infrastructure

I n a significant move towards sustainable energy and reduced transportation costs, Creek Tran- sitway Ltd has signed a Memoran- dum of Agreement (MoA) with the Rivers State Government to establish Compressed Natural Gas (CNG) in- frastructure within the state. The signing ceremony took place at the office of the Attorney Gen- eral/Commissioner of Justice, marking a pivotal step in the state’s transition from petrol (PMS) and diesel to CNG for public transport operators. The signing of the MoA...
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Ola switches on electric vehicle battery cell tech pioneered by Tesla

Ola switches on electric vehicle battery cell tech pioneered by Tesla

Ola switches on electric vehicle battery cell tech pioneered by Tesla Starts trial run with 4680 battery cells Premium Surajeet Das Gupta New Delhi 4 min read Last Updated : Jun 16 2024 | 11:47 PM IST In the coming months, Ola Electric is set to join a select group of electric vehicle (EV) manufacturers by starting the commercial use of the cutting-edge 4680 battery cells. Currently undergoing trial runs in Ola Electric’s two-wheelers, these battery cells are designed and manufactured in-house...
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Valencia using PV trees to recharge small electric vehicles, mobile devices

Valencia using PV trees to recharge small electric vehicles, mobile devices

The city of Valencia, Spain, has installed solar trees to recharge small electric vehicles and mobile devices, with a total investment of about €370,000 ($395,600). Each solar tree can generate up to 5,600 kWh per year. June 14, 2024 Jose Pedrosa...
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EU to imposes tariffs of up to 48% on electric vehicle imports from China

EU to imposes tariffs of up to 48% on electric vehicle imports from China

The measures are “a speeding ticket aimed to slow China,” said Bill Russo, founder and chief executive officer of Shanghai-based advisory firm Automobility. By Alberto Nardelli and Jorge Valero The European Union will impose additional tariffs on electric cars shipped from China starting next month, taking levies to as much as 48% in a move that further escalates trade tensions and adds to the cost of buying an EV.   The bloc formally notified carmakers including BYD, Geely and MG owner SAI...
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Thefts of charging cables pose yet another obstacle to appeal of electric vehicles

Thefts of charging cables pose yet another obstacle to appeal of electric vehicles

DETROIT — Just before 2 a.m. on a chilly April night in Seattle, a Chevrolet Silverado pickup stopped at an electric vehicle charging station on the edge of a shopping center parking lot. Two men, one with a light strapped to his head, got out. A security camera recorded them pulling out bolt cutters. One man snipped several charging cables; the other loaded them into the truck. In under 2½ minutes, they were gone. The scene that night has become part of a troubling pattern across the cou...
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FG To Subside CNG Vehicle Conversion Kits By 50%

FG To Subside CNG Vehicle Conversion Kits By 50%

The Federal Government has rolled out plans to subsidise Compressed Natural Gas vehicle conversion kits by 50% for road transport union members across the country. The Chief Executive Officer of the Presidential initiative on CNGi, Engr. Micheal Oluwagbemi, said it was part of its move to convert one million vehicles from PMS to Compressed Natural Gas (CNG) by 2027, Oluwagbemi, who’s also the Programme Director of the P-CNGi, spoke at the Northern Stakeholders Engagement in Kaduna on Tuesday....
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BXB Announces Official Fan Club Name

BXB Announces Official Fan Club Name

BXB has given their fandom an official name! On June 12 at midnight KST, BXB—the rookie boy group that includes four former TRCNG members—announced that the name of their official fan club would be “GREAM.” “GREAM” is pronounced like the Korean word for “painting” or “picture”—a reference to BXB’s group name (which stands for “Boy By Brush”)—and is also a play on the English word “DREAM.” The official announcement explained, “‘GREAM’ is a word representing...
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Investments In CNG, LNG Infrastructure Critical For Nigeria’s Energy Security – Ekpo

Investments In CNG, LNG Infrastructure Critical For Nigeria’s Energy Security – Ekpo

Ad Ad Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo on Friday said investments in Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) facilities are pivotal for Nigeria’s energy security soliciting the partnership of private sector investors in the development of these critical infrastructure. Ekpo stated this at the commissioning of the 3.1million metric tonnes standard cubic feet per day (MMscfd) CNG and ground breaking of 5.2MMscfd Liquefied Natural Gas LNG facilities...
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Honda Advances Hydrogen Strategy with Production Launch of Fuel Cell Electric Vehicle in Ohio

Honda Advances Hydrogen Strategy with Production Launch of Fuel Cell Electric Vehicle in Ohio

Honda Advances Hydrogen Strategy with Production Launch of Fuel Cell Electric Vehicle in Ohio – Production of all-new 2025 CR-V e:FCEV fuel cell electric vehicle begins at Performance Manufacturing Center in Marysville, OH – the only FCEV made in America– Honda experience with fuel cell vehicles spans over 20 years starting with the 2003 Honda FCX, the world’s first zero-emission fuel cell electric vehicle (FCEV) to receive government certification MARYSVILLE, Ohio, June...
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