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Customs resume electronic auction of vehicles, overtime goods
News

FG targets N150bn from vehicle recycling starting 2026

The Federal Government has announced plans to tap into Nigeria’s largely informal vehicle recycling market, projecting annual revenues of over N150bn from 2026 as part of wide-ranging reforms aimed at modernising the country’s automotive industry. The National Automotive Design and Development Council disclosed this in a statement issued on Sunday, with its Director-General, Joseph Osanipin, […]

Tesla awaits approval to launch smart driving feature in China
Tech

Tesla issues recall for 200,000 vehicles over camera glitch

Tesla has issued a recall for approximately 200,000 vehicles in the United States due to issues with the backup camera failing to display images when the vehicle is in reverse gear. The recall affects specific Model Y, S, and X vehicles from the 2023 model year. These models are equipped with the “Full Self-Driving” computer […]

Nigerian market not ready for electric vehicles - Stakeholders
featured Transportation

Nigerian market not ready for electric vehicles – Stakeholders

Industry experts have warned against early adoption of electric vehicles in Nigeria. According to The PUNCH, they cited inadequate power supply, a scarcity of licensed EV technicians, limited charging infrastructure, and the requirement for specific training to service diverse EV models. “There are still many disputes going on about this. Some major automakers are creating electric […]

Customs resume electronic auction of vehicles, overtime goods
News

Customs resume electronic auction of vehicles, overtime goods

The Nigeria Customs Service announced on Friday that it has resumed the electronic auctioning of abandoned, confiscated cars and other items, including containerized consignments that have been sitting in ports for years. BusinessDay reported that according to the National Public Relations Officer for Customs, Abdullahi Maiwada, the redesigned e-auction platform was presented on Tuesday, January 16, 2024. […]

Kia, Uber partner to produce modular electric vehicles
Transportation

Kia, Uber partner to produce modular electric vehicles

Kia has reached a contract with Uber to develop its recently disclosed modular electric cars for ride-hailing at the Consumer Electronics Show in Las Vegas. Kia’s PBV, which stands for Platform Beyond Vehicle, was presented earlier this week at the event. According to the manufacturer, its PBV concept is based on a specific business system […]

Vehicle scarcity looms as sellers lament import difficulties
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Vehicle scarcity looms as sellers lament import difficulties

There are signs that the country may face a shortage of foreign-used automobiles, sometimes known as tokunbo autos, as sellers grumble about import difficulties. According to The Punch, auto dealers in Lagos on Monday attributed the most recent development to the high exchange rate, which had an impact on the duty rate among other things. The state […]

Why LPG-powered vehicles save fuel cost - Energy company
Transportation

Why LPG-powered vehicles save fuel cost – Energy company

Asiko Energy Holdings Limited has published information on why autogas vehicles are a major competition for vehicles running on fuel. They concentrated on well-known automobiles like the Toyota Corolla and utilized a Naira per kilometre metric to evaluate autogas competitiveness and fuel costs. They acquired information on performance improvement by converting several Corollas using kits […]

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