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Hyundai aiming to enter the EV top three as it boosts investment

Hyundai on Wednesday revealed plans to invest more than $50 billion (R947 billion) in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles.Along with its affiliate Kia, Hyundai is
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27 Mar 2024

Metair share price surges after it predicts an earnings turnaround

Metairs share price shot up more than 20% yesterday morning after its board forecast a turnaround in earnings in the 2023 year from a loss a year before.It said in a trading statement that it expected to report headline earnings a share of
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12 Mar 2024

Electric Ineos Fusilier revealed with range extender to solve biggest EV drawback

Jim Ratcliffe has unveiled his Ineos group's new battery powered 4x4, which will also be available in a range-extended version. The Ineos Fusilier, whose production should start at a facility in Austria in 2027, rather than 2026 as earlier
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26 Feb 2024

Nordic Semiconductor expands nRF91 series with nRF9151 SiP.

Nordic Semiconductor, a leading provider of low power wireless connectivity solutions, announces the expansion of its nRF91 Series cellular IoT devices with the introduction of the nRF9151 System-in-Package (SiP). The nRF9151 further enhan
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21 Feb 2024

Abarth 600e revealed as brands most powerful 75th gift to itself

With both electric and mild-hybrid combustion engine versions launched last year, Fiat parent company, Stellantis, has gone a step further by introducing the Abarth version of the 600e. Loud gift The scorpion brands first foray into
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09 Feb 2024

NNPCL In Talks With S'Korean Investors For Gas Projects

NNPCL In Talks With S'Korean Investors For Gas Projects The Nigerian National Petroleum Company Limited (NNPCL) has held talks with a South Korean consortium led by Daewoo E C on the development of gas projects in Nigeria.
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31 Jan 2024

NNPC in talks with South Korean investors for gas projects

The Nigerian National Petroleum Company Limited (NNPC Ltd) on Tuesday said it has held talks with a South Korean consortium led by Daewoo E C on the development of gas projects in Nigeria. Olufemi Soneye, the chief corporate communications
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31 Jan 2024

Localisation Support Fund seeks greater support for renewables sector

The Localisation Support Fund (LSF) has challenged the government to create clusters with existing suppliers within renewable energy components in order to deepen local manufacturing.The LSF yesterday released a comprehensive report that an
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25 Jan 2024

Gas to power bid window opens up

South Africa's gas to power (GtP) programme under theJust Energy Transition will giveemphasis to coastal developments as thePort of Ngqurais set to retain 1 000 kilowatts of the 3 000 MW set in the energy plan.Launching the gas to power pro
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19 Jan 2024