Automobile industry to get intervention fund, consumer finance scheme
Minister of Industry, Trade and Investment, Adeniyi Adebayo, has said the National Automotive Design and Development Council (NADDC) was putting in place a consumer finance scheme that would allow the public easily access funds to purchase new locally assembled vehicles.
Stallion, Bajaj kick off first Keke rally across Nigeria
The Keke rally comprises a convoy of five tricycles, commonly known in Nigeria as Keke, with their experienced riders, a branded truck for customer engagement and market activation and security agents, among others.
Railway workers want Apapa station named after Waziri Mohammed
Nigeria Union of Railway Workers (NUR), has called on the Federal Government to reverse the name of the Apapa station that was recently renamed after Bola Ahmed Tinubu, to the former.
PAN Nigeria begins production of Higer Bus
The assembler of Peugeot vehicles in the country, PAN Nigeria, has commenced the production of the Higer Bus in its assembly plant located at the Kakuri Industrial Area, Kaduna, following the recent partnership between the former and Higer Bus Company Limited of China.
Auto-dealers join FG in fight against COVID-19
Worried about the safety of road travellers, Kojo Motors Limited, principal representatives and sole franchise owners of the Yutong range of buses in Nigeria, has embarked on the distribution of face masks and other safety materials to all the transporters using the Yutong commercial buses in the country.
‘We need financial support, structured transport sector to improve economy’
This conversation is coming at a time when the world is in serious crisis and Nigeria is not an exception. The coronavirus pandemic, however, provided time to think and look at the issues in the transport industry.
Hyundai Motor, LG Chem to invest in electric vehicle, battery start-ups
With demand for electric vehicles (EV) growing, Hyundai Motor Company and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to 10 EV and battery start-ups...
Inter-state fare to increase as government eases travel ban
With the easing of the interstate travel ban, travellers and passengers should be prepared for increment in fares, experts have cautioned. Recall that the Federal Government, on Monday, announced the lifting of the ban imposed since May 4...
Africa’s car market remains viable despite COVID-19 setbacks
Despite the COVID-19 pandemic, new-vehicle sales in sub-Saharan Africa, outside South Africa, can grow from about 100,000 to about two-million a year in the next 15 years – and this is a “very, very conservative” estimate
Electric car batteries: Demand for raw materials to spike
The demand for raw materials used to manufacture rechargeable batteries will grow rapidly as the importance of oil as a source of energy slows.