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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 billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets. Nio buys 12% stake in lithium mining company What are your thoughts? Nio is aiming to enter the U.S.

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Ballard to supply two fuel cell modules to Solaris for bus deployments in Europe

Green Car Congress

It is Hamburg’s challenging goal as of 2020 not to buy any conventional diesel buses anymore. The Company manufactures intracity, intercity and special-purpose buses as well as low-floor trams. Delivery of Ballard’s next-generation FCvelocity-HD7 power modules to Solaris is planned for later this year.

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Tesla receives massive fleet order from the UAE

Teslarati

Tesla received a large order for Model 3s from an Emirati taxi company, Arabia Taxi Dubai, helping the company to cut its carbon footprint. Predominantly, these orders have been coming from ride-hailing companies and car rental services. It should be noted that this includes mild-hybrid and PHEV vehicles.

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Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

China is the biggest processor and consumer of lithium, needed for electric and hybrid vehicles. Other oil companies, including Exxon Mobil and Occidental Petroleum, plan to take advantage of emerging technologies to filter lithium from brine, as the world seeks to move away from fossil fuels.

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SpaceX rideshare program beats small rockets for Emirati launch contract

Teslarati

The United Arab Emirates’ (UAE) space agency has contracted with SpaceX to launch a domestically-built Earth observation satellite on a Falcon 9 rideshare mission. For a fee, SpaceX also offers fueling services and gives customers the option of buying SpaceX-built adapters and deployment mechanisms or bringing their own.

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Tesla launches business in new Middle East country

Teslarati

Tesla announced today that it has officially started selling vehicles in Qatar, a small peninsular country that sits between Saudi Arabia and the United Arab Emirates. This vehicle will come from China, being built at Tesla’s Gigafactory Shanghai.

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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

Around the six Gulf states, together with oil majors Saudi Arabia and the United Arab Emirates, electrical vehicles account for simply 0.4% of the passenger-vehicle marketplace. billion deal with premium Chinese automaker Human Horizons Technology that reflects the region’s interest in higher-end vehicles.