Teslarati
DECEMBER 18, 2023
billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets. Nio is known for its focus on battery swapping technology , which some have warned may be difficult to make a viable business opportunity without the aid of extensive partnerships.
Baua Electric
MARCH 8, 2024
Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters.
Baua Electric
MARCH 5, 2024
In addition to developing luxury EVs like the ET7 and incoming ET9 (with the ability to shimmy) , NIO has expanded to other adjacent technologies like chargers, battery swap stations, and even smartphones. NIO EVs will remain focused on the premium segment and the ET5 will remain its most affordable model.
Baua Electric
MAY 7, 2024
Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. In Thailand , electric car registrations more than quadrupled year-on-year to nearly 90,000, reaching a notable 10% sales share – comparable to the share in the United States.
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