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Nio garners $2.2 billion investment from UAE fund

Teslarati

Chinese electric vehicle (EV) manufacturer Nio has garnered a $2.2 It never stops, it’s just that currently the global financial policy environment has made this work more challenging.” billion investment from UAE fund appeared first on TESLARATI. Nio buys 12% stake in lithium mining company What are your thoughts?

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NIO revenues up in Q4 2023, Alps sub-brand to launch in Q2 with a Tesla Model Y competitor

Baua Electric

Chinese EV automaker NIO shared its Q4 2023 report today, followed by an analyst call that included some interesting updates about its plans for the year, expansion to new global markets, and the launch of not one but two EV sub-brands, including Alps. The automaker is also considering selling these new models in other global markets.

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BYD makes brand debut in Uzbekistan, starts local pre-sales of 3 models

CN EV Post

In addition to announcing its business progress in Uzbekistan, BYD also announced on Friday that it entered into a partnership with UAE dealer Al-Futtaim on March 15. In February, BYD sold 15,002 NEVs in overseas markets, up 44.13 percent from 10,409 units in January.

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

The UAE includes data for three SWF funds only: Abu Dhabi Investment Authority ($773 billion), Abu Dhabi Investment Council ($110 billion), and Investment Corporation of Dubai ($183 billion)). percent, during the same period; during the same period, OPEC output as a share of global output declined slightly, from 39.5 percent from 10.2

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XPeng Motors continues global expansion, announcing dealer partnerships in 5 new markets

Electrek

Chinese EV automaker XPeng Motors continues expanding its global partnerships list, announcing today five dealer networks in separate new markets to help sell its vehicles. In addition to recent plans to enter markets in Israel, XPeng will also sell EVs in the United Arab Emirates (UAE), Lebanon, and more markets in Europe this year.

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Zeekr introduced access into Saudi Arabia, UAE, Qatar, Bahrain

Baua Electric

Particularly, personal vehicles and trucks isolated account for greater than 25% of worldwide oil intake, in line with the Global Power Company. On the similar occasion, Chinese language carmakers are seizing this chance to achieve a more potent foothold within the Center Jap car marketplace.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. from a market for Russian crude and natural gas (via LNG) to a global competitor. into a major (potential) LNG competitor in global LNG import markets, and, via the U.S.

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