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Nio garners $2.2 billion investment from UAE fund

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Nio buys 12% stake in lithium mining company What are your thoughts? billion investment from UAE fund appeared first on TESLARATI. In the past, Tesla had a battery swapping unit, though the company shifted its focus onto charging very early on, suggesting that the swapping model wouldn’t be as viable. The post Nio garners $2.2

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Tesla receives massive fleet order from the UAE

Teslarati

According to the announcement from Arabia Taxi Dubai, it will buy 269 Tesla Model 3s to become part of its taxi fleet in the United Arab Emirates. If you have news tips, email us at tips@teslarati.com ! The post Tesla receives massive fleet order from the UAE appeared first on TESLARATI.

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SpaceX rideshare program beats small rockets for Emirati launch contract

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

Baua Electric

The markets include Indonesia, Latin America, Poland, Brazil, Columbia and Bangladesh, as well as matured markets, including African countries and UAE, with a substantial number of aging vehicles. ACMA officials noted that India has signed 13 free-trade agreements in the last five years, improving trade with other nations.

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CarDekho Group eyeing 40% consolidated growth in FY25: Founder Amit Jain – ET Auto

Baua Electric

The South East Asian market (Indonesia, the Philippines, and Malaysia) is yielding strong numbers, he said, adding that the company is evaluating the Middle East market (UAE and others) as the next phase of overseas expansion for the coming financial year.

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

Baua Electric

But Saudi Arabia and the UAE can draw on expertise in handling oil brine and wastewater at oil production sites. Concentration and price collapse For now, global economic weakness has depressed buying of new vehicles and led lithium prices to dive.

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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

Five of these markets namely Indonesia, LATAM, Poland, Brazil, Columbia and Bangladesh have matured aftermarket with a substantial number of ageing vehicles while another five markets, i.e., North Africa, South Africa, East Africa, West Africa and UAE are fast developing and offer high growth opportunities.

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