₦airaland Forum

Supremos:
the tricycle or the gas it uses?.

See for now, CNG is cheaper because there's no much demand for it here unlike pms and diesel.

In economics we say demand drives price.

The higher the demand the higher the price, on this I would say it's cheaper because the demand isn't high yet

Supremos:
CNG means Compressed Natural Gas

LNG means Liquidified Natural Gas



The importance is that they're clean energy, odourless, has zero carbon emission, cheaper than petroleum motor spirit (PMS) aka Fuel, and diesel

samuelson06:
You should also add that one can even produce the gas at home via biogass and turn it into their car. This is very commendable. A big win for Nigeria, especially as we are battling with subsidy removal.

manutdrichie:
What about The tricycle

Supremos:
This is a very welcomed development.

It will force down the prices of pms and Gasoline


https://www.youtube.com/watch?v=R3piRZJ3u3U

pocom16:
It won't

Supremos:
ok, why do you think so bro?

CondenseMilk:
well-done innosson.

Nigerians and Africans should buy cars and buses from this man.

His cars has same quality you can find in cars abroad.


Yes, but have you consider the price

CondenseMilk:
well-done innosson.

Nigerians and Africans should buy cars and buses from this man.

His cars has same quality you can find in cars abroad.

pocom16:
With fuel subsidies on it way .. it definitely won't

What Influences PMS prices is the cost per barrel of oil, exchange rates, and demand and supply..

This CNG vehicles are not enough to reduce demands.. but it will increase demands for gas WhIch also isn't readily available..


The reason why innoson is now eying gas powered vehicles is because the government ain't joking on removing PMS subsidies..this means, PMS won't be cost effective for transport anyone and the only alternative 7s gas..
It won't change petrol prices at all

CondenseMilk:
well-done innosson.

Nigerians and Africans should buy cars and buses from this man.

His cars has same quality you can find in cars abroad.

Flier:
They should have partnered with Japanese not Chinese,Innoson is a Chinese car and no sensible person will buy it.A Road safety brought one to my see me few months ago it looks like kiddies toy car
He said he always fear anytime a trailer come across him on express because it always feels like its breeze want to blow the truck away
Its a complete plastic

princeogbeide1:
Made in China vehicles. Nigeria has not developed such engines in history

CondenseMilk:
well-done innosson.

Nigerians and Africans should buy cars and buses from this man.

His cars has same quality you can find in cars abroad.

Supremos:
that's not what I implied bro.
Cooking gas at home is LPG meaning Liquidified petroleum gas and contains methane while CNG contains propane.

What I mean by how do you get your cooking gas is that, just like cooking gas, people are gonna be setting up LNG/CNG stations. Some fuel stations I guess does that

okeysoninv:
wrong,CNG is mostly a methane and LPG propane. it's not easy to set LNG because it's requires extreme low temperature.

treatise:
Let's encourage the man but the quality not at park with Japanese and European standards

Pootle:
best coupling company of nigeria

Supremos:
Why do you guys have slave mentality?. Every vehicle is built based on country's standard.
Country's standard e.g Temperature, terrain etc. Standard organization of Nigeria has certified his vehicles as regarding standard. So what other standard are you talking about??

treatise:
I implied durability not weather conditions.

Supremos:

https://www.youtube.com/watch?v=R3piRZJ3u3U

We are thrilled to announce that the grand commissioning of the Innoson CNG/LNG bus by the President of the Manufacturers Association of Nigeria is finally here!



https://www.facebook.com/100064624784510/posts/605903741573780/?mibextid=mna8qTP8xvtPE1tK

Supremos:
And Standard organization of Nigeria (SON ) that certified the vehicle, told you that the vehicles ain't durable?.

In engineering, strength of materials are subjected to very rigorous tests, before being used.

You don't know more than SON

Supremos:
Ok first, I want to tell you that, should government remove fuel subsidy, the price of Petrol will double. It will be around 600-700 or even #800 a litre. That's huge already.
The impact will be felt across board.

I've never implied that CNG vehicles are enough. I'm not sure what you meant by not being enough to reduce demand. CNG isn't same as LPG. LPG is cooking gas. Liquefied petroleum gas,. It won't affect the price of LPG.

Your comment is a bit contradictory.

If PMS won't be cost effective after subsidy is gone, it means more people will source for alternative for pms, which is CNG LNG vehicles.

And if more people dump pms for LNG CNG, vehicles, the demand for pms will be affected. Not sure how much it will be affected because that would depend on the number of people willing to go for CNG LNG vehicles. If good number of Nigerians go for CNG vehicles, then the demand curve for pms will flatten.
The demand for CNG May cause equilibrium to the sector. It will reduce the price for PMS and slightly increase the price of CNG LNG, thereby causing a psuedo equilibrium.

maivd:
This is very commendable,innoson doing great.

CondenseMilk:
well-done innosson.

Nigerians and Africans should buy cars and buses from this man.

His cars has same quality you can find in cars abroad.