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Nio garners $2.2 billion investment from UAE fund

Teslarati

It never stops, it’s just that currently the global financial policy environment has made this work more challenging.” 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. The post Nio garners $2.2

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UAE opens Gulf regions largest industrial battery plant; focus on motive power

Green Car Congress

The UAE inaugurated Eternity Technologies’ industrial battery manufacturing plant at the Industrial Park in Al Jazeera Al Hamra. Owned by the UAE-based Al Dobowi Group, the plant was established with an investment of Dh200 million (US$54.6

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Over 27 OEMs, 400 component makers to participate in Bharat Mobility Global Expo | Autocar Professional

Baua Electric

Leading 27 vehicle original equipment makers and 400 component makers from India and the global market will take part in the Bharat Mobility Global Expo 2024, which will be held in Bharat Mandapam, Delhi, from February 1-3.

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Joy e-bike maker to develop hydrogen scooter, eyes global expansion | Autocar Professional

Baua Electric

“That tank is powering the hydrogen fuel cell, which gives the battery power and then it runs the motor,” he added while elaborating on the technology. Battery technology advancements, robust charging infrastructure, and affordability remain key challenges.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

The Tenth Vibrant Gujarat Global Summit 2024 kicked off in Gandhinagar today. Over 50 Global CEOs including senior officials from the semiconductor, aerospace, and defence sectors, have confirmed their participation in the summit. The event is scheduled to be held from January 10 to 12, 2024 and the theme is Gateway to the Future.

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India’s automotive aftermarket is likely to grow to USD 14 billion by 2028: ACMA-E&Y study  | Autocar Professional

Baua Electric

The study focuses on seven product categories namely engine parts, suspension and braking parts, transmission parts, braking parts, rubber components, cooling systems, and filters, while tires and consumables such as batteries, coolants, and lubricants were not covered.

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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.