Skip to content
Sony, Honda unveil Afeela EV
Sony Honda Mobility Inc. has declared that its electric vehicle will launch under the brand Afeela, the latest debut in a field already crowded by earlier entrants such as Tesla Inc. While unveiling the venture’s first prototype during Sony’s CES…
Hyundai becomes world’s 3rd largest carmaker
Hyundai is now the third largest automaker in the world by volume, behind only Volkswagen and Toyota, which are often at odds for first and second place among the biggest car companies in the world. In a little over half…
Automakers end Toyota Avalon, VW Passat, other models
Sopuruchi Onwuka The revolution in the energy industry and the prevailing global response to climate change have not just redefined the direction of investments in the automobile industry, they are also changing the fate of popular auto brands and models….
Europe solidifies decision to ban new combustion cars by 2035
The threat to sustainable oil demand is increasing in Europe where the regional economic bloc has decided in concrete terms to end use of petrol for vehicular transportation in the next 13 years in line with already running emission reduction…
Toyota ends operations in Russia
Declares $2.5B investment in US battery production Amid Russia’s ongoing war with Ukraine, Toyota announced it will permanently end vehicle manufacturing operations at its plant in Saint Petersburg. This represents all Toyota vehicle manufacturing in Russia, though the company will…
Davinci unveils DC100 Classic E-bike
As industry remembers Citroen’s Helicron Chinese electric motorcycle manufacturer, Davinci, has introduced a classic-inspired electric motorcycle that offers performance similar to a 1,000cc machine. According to industry news medium, Ride Apart, the electric bike model come into an electric motorcycle…
Ferrari seeking approval to roll out flying car
A Ferrari-red flying car is could soon become every commuter’s dream come true: It would fly over miles of gridlock to work, land and then drive a mile or two to their parking spaces. Samson Air’s Switchblade, which has been…
NMDRA pays N71.234 bn bridging claims to marketers
Sopuruchi Onwuka New regulators for the domestic fuel market, the Nigerian Midstream and Downstream Regulatory Authority (NMDRA) says it has paid some N71,234 billion to different mart players in the country to compensate for local transportation of petroleum products. Of…
Mercedes-Benz EV records 747 miles without recharging
Mercedes-Benz’s ultra-long-range electric car traveled 747 miles without stopping to charge, beating its previous record, the company said weekend. The sleek Vision EQXX, drove from Stuttgart, Germany, to Silverstone in the UK. Earlier this year, Mercedes took the concept car…
Fuel marketers close shop to demand price increase
Sopuruchi Onwuka A segment of players in the domestic fuel market have started practical demand for price increase by shutting their retail outlets and creating panic among motorists over possible hiatus in the distribution system. Panic buying by desperate motorists…
