#Electric Vehicles

Al-Futtaim Automotive leads $15 million funding round in revolutionary EV startup – River IMage Credit River

Al-Futtaim Automotive leads $15m funding round in Indian EV startup, River

Within a short span of two years since inception, River launched its first product ‘Indie’ an urban electric scooter to rave reviews last February

Uber India

Uber to add 25,000 electric vehicles in India in green push

The ride-hailing company will launch EV Uber Green in June in Mumbai, Bengaluru and Delhi

ADNOC Distribution, Taqa partner to offer EV charging points across UAE

ADNOC Distribution, Taqa partner to offer EV charging points across UAE

The E2GO joint venture will play a critical role in delivering EV charging infrastructure across Abu Dhabi

NWTN facility at KEZAD

Dubai-based mobility tech company NWTN delivers first batch of EVs

The KEZAD assembly facility is NWTN’s first facility in the UAE

Vincent Wijnen Al-Futtaim Senior MD

Interview: Al-Futtaim Automotive’s Vincent Wijnen talks about innovation and sustainability

The senior managing director talks about the company’s presence at the Abu Dhabi Air Show, its electric vehicle portfolio and supporting UAE’s net-zero goals

Tesla

Tesla delivers record 343,830 cars; misses estimates

The carmaker doesn’t break out sales by geography, but the US and China are its largest markets

RTA and Cruise to operate two Chevrolet Bolt electric vehicles

RTA and Cruise to operate two Chevrolet Bolt electric vehicles

Dubai is set to become the first city outside the US to operate Cruise’s driverless vehicles by 2030

Polestar sees 125% increase in sales in H1 2022

Swedish EV company Polestar reports 125% increase in sales in H1 2022

The next major step for Polestar will be its entry into the SUV segment with the global launch of the electric performance SUV, Polestar 3, in October

Electric vehicle

Electric vehicle outlook is even brighter if the world bikes and takes the bus

Electrification has now spread to all segments of road transport, opines Bloomberg columnist Colin McKerracher

Combustion

Europe moves closer to cutting off its lifeblood combustion engine

Members of Parliament voted in favour of mandating that carmakers eliminate emissions from the cars they sell from 2035 onward

Polestar MOE store

Polestar Space launched at the ‘Store of the Future’ in Dubai’s MoE

The opening of the Polestar Space in Mall of the Emirates follows the debut of the Swedish EV auto brand in the UAE in February

EV charging Getty images

Abu Dhabi launches regulatory policy for EV charging infrastructure

The policy will enable necessary investments into EV charging infrastructure in Abu Dhabi and encourage consumers to purchase and use EVs in the emirate

Lucid’s Saudi EV factory to receive $3.4bn in incentives

The factory will be located in the King Abdullah Economic City

Toyota

Toyota to invest $624m to make EV parts in India

Indian automakers could generate $20bn in revenue from electric vehicles between now and fiscal year 2026

EV charging

The big EV charging mystery: How long does it take?

The charging curve of any particular vehicle is closely tied to the longevity of its battery

Good times are ahead for lithium miners as prices continue to surge

The popularity of electric vehicles has driven prices for battery metals sharply higher

Lucid Motors

Lucid will sell up to 100,000 EVs in deal with Saudi Arabia

Lucid said it would start delivering the vehicles by the second quarter of 2023

GM and Honda in talks to develop solid-state EV batteries

A GM and Honda partnership for solid-state storage would deepen their growing relationship

DEWA EV Green Chargers provide 8,800+ MWh of electricity to date

DEWA’s EV Green Charger network has expanded to over 325 charging stations across Dubai, serving 5,107 electric vehicles as of January 31

Honda CEO bets $40bn to reach goal of going fully electric

Last month, Honda announced it’s joining forces with tech giant Sony Group to develop EVs that will go on sale starting in 2025

Smart mobility company Barq EV launches in the UAE

Barq also signed two MoUs, the first with the restaurant and food group Americana and the second with specialised automobile equipment global manufacturer Motherson

How to best fund a sustainable future

The main challenge: capital markets do not yet fully understand what the rule book for sustainable investing looks like

Sony explores selling EVs, joining tech rush into red-hot arena

Sony is a leader in making sensors for autonomous and self-aware vehicles

Tesla delivers record 308,600 cars in quarter, beating estimate

The results pushed Tesla’s total sales for the year to more than 936,000

Egypt seeks to build affordable electric vehicles priced at around $20,000

Production is set to begin in 2023, with output increasing to an annual 20,000 units over three years

UAE-based multi-brand electric vehicle platform EV Lab, has partnered with with Croatian electric hyper manufacturer, Rimac Automobili to bring Rimac’s Nevera to Dubai. Nevera, the world’s fastest accelerating production EV, is now on display for the remainder of Expo 2020 at the Croatia Pavilion, which visitors can preview. EV Lab will act as the sole distributor for the ultra-exclusive Nevera and revealed that the first test drives for the MENA region will be taking place in Abu Dhabi at Yas Marina Circuit in February 2022. The Nevara is powered by a quad-motor drivetrain, where each motor powers one wheel individually. When combined, the wheels produce 1,914 horsepower, which is enough to accelerate the car from 0-60 miles per hour in just 1.85 seconds. In addition, the Rimac Nevera has set a new world record for production car acceleration, covering the quarter-mile in just 8.582 seconds. The Nevera is the production-ready iteration of the Rimac C_Two, first announced in 2018. It has been designed, engineered, tested and manufactured in-house at Rimac’s global headquarters in Croatia. “The electric vehicle market has grown - even with the pandemic. We’ve seen 72 per cent growth over 2020,” said Kevin Chalhoub, founder and CEO at EV Lab “Just look around. Electric charging stations are readily available here in the UAE. We are at the forefront of technology and innovation which is why it is really great we are able to launch here are Expo 2020.” “Our goal is to showcase that electric vehicles are not only sustainable but also at the forefront of technology as Rimac is doing just that with the first electric hypercar company in the world. Paying homage to Expo 2020 key themes of Mobility, Sustainability and Opportunity, the Rimac Nevera will be on display at Expo 2020 until March 31, 2022.” After starting Rimac Automobili in 2011 with just a handful of people, CEO Mate Rimac has grown the company from a specialist component manufacturer to a series production hypercar and technology powerhouse, which employs over 1,300 dedicated employees. Recently, Rimac and Bugatti joined forces under the new company – Bugatti Rimac – combining Bugatti’s heritage of design and engineering with Rimac’s technology.

UAE’s EV Lab brings world’s fastest accelerating production EV to Dubai

The car is on display at the Croatia pavilion at Expo 2020 Dubai

Hertz says it’s already receiving Teslas; doesn’t address Musk tweet

The rental-car company unveiled its EV initiative last week

Tesla-Hertz blockbuster deal paves way to take EVs mainstream

Hertz gets to tap into the growing interest in electric vehicles

DEWA Green Charger EV

DEWA’s EV Green Charger initiative expands to over 530 charging points in Dubai

DEWA is offering free charging for non-commercial EV customers registered in the EV Green Charger Initiative until December 31, 2021

Saudi mining plan gets $3bn EV boost from Australian firm

EV Metals is developing the battery chemicals processing facility with a view to supplying a potential automotive manufacturing cluster in the kingdom