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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?

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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. Since starting production in 1996, more than 10,000 Solaris vehicles have been deployed in 28 countries, including Poland, Germany, Norway, France, Sweden, Switzerland and United Arab Emirates.

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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. Currently, Arabia Taxi aims to operate 100% “environmentally friendly vehicles” by 2027, a segment of vehicles that already account for 83% of the fleet.

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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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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. China is the biggest processor and consumer of lithium, needed for electric and hybrid vehicles. 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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Survey says: green cars are in

Green Cars News

After all, market research firm Synovate has released a study showing that nearly six in 10 people would choose to buy a green car over a dream car, even if money were no object. The top answer, across all 18 markets, was to buy a green car - 37 per cent of respondents gave this response.

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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.