Smith Launches World’s Largest Electric Truck in USA
Smith, a manufacturer of commercial electric vehicles, is launching its unique zero emission truck in the North American market. The robust Smith Newton is the world’s largest high performance electric truck, weighing in with a Gross Vehicle Weight (GVW) of…
Toyota Egypt Group launches Toyota bZ4X, Lexus RZ Electric in Egypt
Toyota Egypt Group announced its entry into Egypt’s electric vehicle market with the launch of two fully electric models, the Toyota bZ4X and the Lexus RZ, marking the company’s first move into the local electric mobility segment after 45 years…
As Global EV Demand Accelerates and U.S. Markets Reach Historic Highs, Investors Worldwide Are Increasingly Turning Their Attention Toward ELEKTROS Inc.’s Expanding Lithium & EV Patent Technology Vision
As U.S. stock markets continue reaching historic all-time highs and investor appetite for next-generation energy and technology opportunities accelerates across Wall Street, ELEKTROS Inc. (OTC PINK:ELEK) announced today that the Company continues aggressively advancing its lithium mining initiatives, electric vehicle…
Sharif invites Chinese firms to expand investment in Pakistan’s renewable energy, EV sectors
Prime Minister Shehbaz Sharif on Sunday invited Chinese companies to expand investment in Pakistan’s renewable energy and electric vehicle sectors, his office said, following the prime minister’s meetings with leading corporate executives in Hangzhou. The meetings, which came during Sharif’s…
Vista Equity Partners Opens Abu Dhabi Office to Expand Middle East Technology Investment Platform
Vista Builds A Regulated Base In Abu Dhabi Abu Dhabi is drawing another major global investor into its financial district, as Vista Equity Partners opens a new office within ADGM, the emirate’s international financial center. The enterprise software investment firm…
AWR Group and Blaupunkt partner to expand charging infrastructure in UAE
AWR Trading, part of AW Rostamani Group (AWR Group), has signed an exclusive distribution agreement with Blaupunkt, the German provider of AC and DC electric vehicle charging solutions, to support the expansion of EV charging infrastructure across the UAE. The…
Omega Seiki Mobility to invest $25m in first EV assembly plant at Dubai’s Jafza
Homegrown electric vehicle manufacturer Omega Seiki Mobility (OSM), on Wednesday, announced it will invest $25 million (AED 92 million) over the next five years to set up its first international electric vehicle assembly plant in Dubai’s Jebel Ali Free Zone…
Europe Investing €200bn in EV Manufacturing & Supply Chains
Countries in the European Economic Area and Switzerland have committed almost €200bn (US$232.7bn) to electric vehicle ecosystems, including manufacturing and supply chains. This figure includes €109bn (US$127bn) for the battery supply chain, up to €46bn (US$53.5bn) for public charging networks…
S. Korea’s Auto Exports Down Over 5 Pc In April Amid Middle East Crisis
South Korea’s auto exports decreased more than 5 per cent from a year earlier in April, amid a sharp decrease in shipments to the Middle East due to a geopolitical crisis there, government data showed on Wednesday. But with higher oil prices…
Federal Government Launches CNG, Electric Vehicle Initiative In Kano
The Presidential Initiative on Compressed Natural Gas and Electric Vehicles has officially commenced in Kano State, marking a key step in the federal government’s push to reduce transport costs and expand cleaner energy options nationwide. The state Governor Abba Yusuf…