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AfricaBusinessNigeria

Kenya Rejects EAC Delay, Pushes Ahead With Vehicle Assembly Rules

By Benson Daniel Kenya has rejected a decision by the East African Community to postpone the implementation of new vehicle and motorcycle assembly...

WorldBusiness

Trump says US auto and steel tariffs will rise to 50% in 2027

U.S. President Donald Trump said on Monday that tariffs on cars, trucks, automotive parts and steel will rise to 50% from January 1,...

WorldBusiness

Xpeng forecasts weak third quarter revenue as China EV competition intensifies

Chinese electric vehicle maker Xpeng forecast third quarter revenue below Wall Street expectations on Monday, as intense competition and weak domestic demand weigh...

BusinessNigeria

Government Urges Corps Members to Embrace CNG Conversion Skills

By Benson Daniel The Federal Government has intensified efforts to equip National Youth Service Corps members with technical skills in Compressed Natural Gas...

TechnologyActive

Nigeria’s EV Ambitions Face Challenge of Weak Electricity Supply

Nigeria is pushing to expand the use of electric vehicles (EVs), but unreliable electricity and limited charging infrastructure remain major obstacles to widespread...

BusinessNigeria

Experts Urge Stronger Safety Standards as Nigeria Accelerates CNG and EV Adoption

By Benson Daniel Industry stakeholders have raised concerns over emerging safety challenges associated with Nigeria's transition to Compressed Natural Gas (CNG) powered vehicles...

BusinessNigeria

Global Electric Vehicle Sales Surge Despite Middle East Conflict, IEA Says

By Benson Daniel Global sales of electric vehicles (EVs) continued to rise despite geopolitical tensions stemming from the conflict in the Middle East,...

BusinessTechnologyWorld

Mercedes-Benz Writes Off More Than £700 Million Amid China Market Challenges

By Benson Daniel Mercedes-Benz has written off more than £700 million in assets as the German luxury automaker grapples with mounting challenges in...