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NIO secures $2.2bn investment from Abu Dhabi

Electric Cars Report

billion strategic investment from CYVN Holdings, an investment fund based in Abu Dhabi. The purchase will […] The post NIO secures $2.2bn investment from Abu Dhabi appeared first on Electric Cars Report. Chinese electric vehicle maker NIO has secured a $2.2

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NIO snags $740M investment from Abu Dhabi government fund to expand international business

Electrek

Chinese EV automaker NIO has confirmed that a holding firm backed by the Abu Dhabi government is investing close to $740 million dollars in exchange for new Class A shares in the company. more… The post NIO snags $740M investment from Abu Dhabi government fund to expand international business appeared first on Electrek.

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Nio raises $738.5 in capital injection from CYVN Holdings

Electric Cars Report

million in new capital from CYVN Holdings, a fund owned by the Abu Dhabi government. NIO expects the deal with the Abu Dhabi […] The post Nio raises $738.5 Chinese electric car company NIO announced Tuesday it received $738.5 The deal was priced at $8.72

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Archer Aviation signs deal to launch its eVTOL air taxi service across the United Arab Emirates

Electrek

Through a recently signed MOU, Archer will work to implement the necessary infrastructure to enable commercial services on the wings (or rotors, rather) of incentives from Abu Dhabi. more… The post Archer Aviation signs deal to launch its eVTOL air taxi service across the United Arab Emirates appeared first on Electrek.

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Tesla Midnight Cherry Red Model Y lands in the Middle East

Teslarati

It has also spread to new regions since initially being released and launched in mainland Europe. Earlier this week, it made its way to Dubai and Abu Dhabi in the United Arab Emirates. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com.

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Audi RS Q e-tron E2: lighter, more aerodynamic and even more efficient

Electric Cars Report

In March 2022, the Audi RS Q e-tron won its first desert rally in Abu Dhabi, and now the next evolution is ready. The body is completely new and features significantly enhanced aerodynamics. The innovative prototype presents itself significantly improved for the 2022 Morocco Rally and the 2023 Dakar Rally.

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Watch BMW’s new ‘Mad Max’ electric Dune Taxi climb some of the tallest sand dunes known to man

Electrek

BMW Middle East released a video teasing a new electric dune taxi that looks as if it came straight out of Mad Max. The Dune Taxi electric prototype is shown racing across the streets and sand dunes in Abu Dhabi.

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