FILE PHOTO: A Tesla Model S electric car is seen at its dealership in Seoul, South Korea July 6, 2017. REUTERS/Kim Hong-Ji/File Photo Mercedes-Benz is set to unveil its much-anticipated electric SUV on Tuesday, marking the start of a German onslaught against Tesla’s dominance of the fast-growing market for premium battery cars. Daimler-owned Mercedes,
Road Transportation
4059 Vehicles in Nigeria Involved in Road Crashes in Q2
Latest report from the National Bureau of Statistics (NBS), has revealed that 4,059 vehicles were involved in road crashes in the second quarter (Q2), of the year. In the road transport data released on Tuesday, commercial vehicles represented the highest number of crashes with 2,447 representing 60.29 per cent, followed by
Boeing wins $805M contract to build U.S. Navy’s MQ-25A robotic refueling planes
Boeing has won the Navy’s nod for the MQ-25 autonomous refueling airplane. (Boeing Photo) After a months-long competition with the likes of Lockheed Martin, Boeing has won a $805.3 million contract from the Pentagon to build the first four MQ-25A autonomous refueling planes for the Navy. The MQ-25 Stingray is meant to
Honda Brings CR-V Back to Home Market to Fight Nissan, Toyota
Carmaker targets deliveries of 1,200 units a month in Japan Local sales of Honda’s non-minicar models have fallen in 2018 Honda Motor Co. is bringing back the CR-V sport utility vehicle in Japan after a two-year hiatus, betting on the model to reclaim ground lost to rivals including Nissan Motor Co. The automaker
Road Crashes Killed 12,797 Nigerians in 30 Months
An average of 427 Nigerians die monthly in road traffic accidents. This brings to a total of 12,797 Nigerians killed in road traffic crashes in 30 months. According to the latest report released by the National Bureau of Statistics (NBS) in 2016, a total of 5,053 Nigerians died in road accidents while
Toyota will invest $500 million in Uber
Their combined self-driving effort will debut in 2021. Toyota plans to invest around $500 million in Uber, the Wall Street Journal reports, as the two enter an agreement to work together on driverless technologies. The publication cites sources familiar with the matter and the investment would value Uber at $72 billion. Reports surfaced
Vespa’s first electric scooter goes on sale in Europe this October
A Vespa Elettrica The Vespa Elettrica will hit the US and Asia in early 2019. Vespa's electric scooter has long been slated to start shipping this year, and now the timeline is a little clearer on when you might be able to get your hands on a Vespa Elettrica. Production will start next month, and Vespa
Uber ‘to focus on bikes over cars’
Uber has partnered with Lime, whose scooters are available in a number of cities including Paris Uber says it plans to focus more on its electric scooter and bike business, and less on cars, despite the fact it could hurt profits. Boss Dara Khosrowshahi said that individual modes of transport were better
Foreign Airlines Increase Frequency to Nigeria
Records of passenger traffic on inbound and outbound flights have indicated that foreign airlines are increasing frequencies into Nigeria as a result of an uptick in economic activities. In a recent data released by African Aviation Services Limited, foreign airlines operate over 300 frequencies weekly into and out of Nigeria. This showed
Freight Levy Review Lifts Nigeria’s Cargo Volume by 31.2%
The Director General of the Nigerian Maritime Administration and Safety Agency NIMASA (NIMASA), Dr. Dakuku Peterside has stated the inward cargo throughput of Nigeria’s seaports recorded a 31.24 percent increase between January-June 2018, following the decision of the agency to carry out a downward review of its three percent freight