President Bola Ahmed Tinubu’s CNG Initiative (Pi-CNG) has recorded a boost, as Hyundai Nigeria rolled out CNG vehicles for various categories of automobile users across the country. Assembled in Nigeria, the models include Hyundai Grand i10, Hyundai Accent, Hyundai Creta and Hyundai Tucson. Hyundai Nigeria, a subsidiary of Stallion group, described its latest offerings as…
Nigeria’s President, Bola Ahmed Tinubu has approved the removal of Value Added Tax on Electric Vehicles, Compressed Natural Gas, Liquefied Petroleum Gas, Feed Gas, amongst others. The Special Assistant to the President on Social Media, Mr Segun Dada made this known in a post via his verified official X handle,@DOlusegun, on Wednesday. Mr Dada also…
The Presidential CNG Initiative (PCNG-i ) and the Federal Ministry of Youth have distributed Compressed Natural Gas (CNG) powered tricycles to 2000 youths. The event, attended by the Director General National Automotive Design and Development Council, Mr Oluwemimo Joseph Osanipin and other key government officials, aims to transform the Nigeria Automotive Industry by reducing transportation…
Toyota’s compact hybrid SUV, the RAV4, is set for a full redesign slated for launch in 2025. The current RAV4 Hybrid has already significantly impacted South Korea, where its impressive fuel efficiency has driven strong sales. In 2023, it was the top-selling model within the Toyota brand, with 2,992 units sold in the region. In…
