SEGMENT ANALYSIS

China’s new energy vehicle (NEV) industry has seen rapid growth in the past few years, with growing sales and an improved industry ecosystem, according to an industry association. Production and sales of NEVs have surpassed 1 million units so far, with an annual growth rate of over 200 percent, said ...

The Goodyear Tyre & Rubber Company is harvesting some unique “seeds” of innovation as it introduces a new tyre technology with support from the United Soybean Board (USB). The first commercial use of a new soybean oil-based rubber compound is helping Goodyear enhance tyre performance in dry, wet and winter ...

      September is Ford Global Caring Month and thousands of Ford employees around the world will be venturing out into their communities to make people’s lives better. In Sub-Saharan Africa (SSA), Ford volunteers will be tackling more than 35 widely varying projects in South Africa, Angola, Kenya, Mozambique, ...

Nissan has joined in mobilising support for people affected by the devastating Hurricane Harvey in the United States. A day after Toyota announced a combined $3million boost to the relief and recovery efforts in Houston, Texas, Nissan Group of North America Thursday announced an immediate $150,000 cash donation to the ...

Heritage Bank Plc has entered into a partnership with NatnudO Foods, a food processing company,  in its determination to make poultry affordable and accessible for the people. This, according to the bank, is to ensure that the menace of food insecurity currently prevailing Nigeria becomes history as soon as possible. ...

The Vice President, Prof. Yemi Osinbajo, has commissioned the Edo Fertilizer and Chemical Company Limited, Auchi, a public private partnership between the state government and WACOT Limited, which has the capacity to produce about 60,000 metric tonnes of fertilizer per annum. The Vice President who was accompanied by the Ministers ...

Daimler is taking its new autonomous concept car, the smart vision EQ fortwo, to the 2017 Frankfurt Motor Show. The car, from the stable of the Mercedes-Benz  Group,  provides a new vision of urban mobility and individualised, highly flexible, totally efficient local public transport. The amazing feature about the concept car ...

Nissan is surely flaunting its leadership in the area of intelligent mobility technology. The Japanese auto giant, which recently stepped up its game with the introduction of the advanced ProPILOT Assist™ and Rear Door Alert (RDA), is launching another innovative technology in the 2018 model year – the Intelligent Rear View Mirror (I-RVM). I-RVM ...

The 2018 Hyundai Sonata has earned the Insurance Institute of Highway Safety (IIHS)’s highest accolade for safety, in one of the industry’s most demanding vehicle tests, thus receiving a 2017 TOP SAFETY PICK+ award when equipped with optional front crash prevention and dynamic bending headlights. The IIHS TOP SAFETY PICK+ ...