FedEx invests in electric truck startup
American-made medium-duty electric and hybrid vehicle manufacturer Harbinger said it has raised $160 million in a Series C funding round co-led by FedEx (CCJ Top 250, No. 1). The round also featured major participation from Ridgeline, a longtime Harbinger investor…
As EV Sales Slide, Tesla Will Adopt Its Own Semi Electric Trucks
The waiting is finally over. Tesla CEO Elon Musk first teased the idea of producing a Tesla-branded heavy-duty electric truck back in 2017. After much delay, volume production of the new Tesla Semi will finally arrive next year. The question…
CO₂ to High-Performance Materials: UP Catalyst CNTs Outperform Benchmarks in Independent Testing
Maardu, Estonia, November 11, 2025 – UP Catalyst, a European deep-tech company converting CO₂ into sustainable carbon materials, has reached a new milestone in third-party testing of its CO₂-derived carbon nanotubes (CNTs). Independent results from European battery cell manufacturer confirm…
Global MENA Commercial Vehicles Market Gains Momentum Across APAC, Europe, USA, and Saudi Arabia Driven by Electrification, Logistics, and Fleet Modernization
The Middle East and North Africa (MENA) commercial vehicles market is poised for robust growth, with projections indicating an expansion from USD 7.61 billion in 2025 to USD 18.72 billion by 2035, recording a CAGR of 5.1% during the forecast…
Tesla Cybertruck Arrives in UAE Amid Spec-Cutbacks and Global Demand Woes
Tesla’s highly anticipated Cybertruck has finally opened for orders in the United Arab Emirates, but the regional rollout comes with delays, higher pricing and renewed concerns over quality issues. Tesla’s expansion into the Middle East marks the next step in…
Lucid Cuts 2025 Production Forecast To 18,000 As Supply Chaos And Weak Demand Squeeze Luxury EV Maker
Lucid Motors slashed its 2025 production forecast to 18,000 vehicles on Wednesday, marking the second consecutive cut in three months as the Saudi-backed luxury EV maker struggles with supply chain disruptions and collapsing post-tax-credit demand. Interim CEO Marc Winterhoff told Reuters the…
Localizing Value Chains: The Middle East’s Strategy for Automotive Self-Reliance
The Middle East’s reliance on imported vehicles has long been viewed as an economic vulnerability. With rising populations and increasing demand for mobility, countries are investing in manufacturing capabilities to reduce dependence on imports. Saudi Vision 2030 sets an ambitious…
Emarat unveils GCC’s first EV Service Center at ‘Al Buhaira’ station in Al Barsha
Emirates Petroleum Company PJSC (Emarat), a pioneer in the UAE’s oil and gas industry, has opened its 158th service station with the launch of “Al Buhaira” in Barsha South, expanding Emarat’s presence in New Dubai and introducing the region’s first…
First new Amazon electric heavy goods vehicles hit UK roads
The first of the biggest order of electric heavy goods vehicles for online giant Amazon were being launched into service on Tuesday. Amazon said it would eventually have 160 eHGVs, the largest number of electric trucks in its global transportation…
Why electric car insurance costs more in UAE — and when it can get cheaper
Electric vehicles are gaining speed across the UAE, but many drivers are finding that owning one comes with hidden costs — especially when it comes to repairs and insurance While overall car insurance prices have stayed stable this year, premiums for…