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Industry Forecast

Toyota Targets Output Above 10 Million Vehicles In 2026

Toyota Motor has begun informing key parts suppliers that it expects global vehicle production to exceed 10 million units in 2026, reflecting confidence that demand for its petrol-electric hybrids will remain strong, particularly in the United States, while battery-electric sales…

Last-Minute Christmas Present Idea — A Rivian!

You’ve got someone in your life who you love and appreciate but you just don’t know what to get them for Christmas? Perhaps they’ve just got everything they need, and even a bit more. We’ve all been there. An idea…

e-Boost Mobile EV Charging Enters UAE Market

Partnership Structure and Revenue Model The MOU positions Savvy Charging as Pioneer’s strategic partner and franchisee in the UAE. Savvy holds permits from Dubai Electricity & Water Authority (DEWA) and maintains relationships with government entities, utilities, and fleet operators. A…

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…

Will electric tuk-tuks cruise through UAE roads? Chinese firm files RTA application

A staple on Indian roads, autorickshaws, also known as tuk-tuks, could likely be spotted on UAE roads too. A China-based electric tuk-tuk company has reportedly approached the UAE Road and Transport Authority (RTA) seeking to operate in the Emirate, according…

Trends & Strategies Shaping UAE’s Electric Vehicle Market, 2025-2030: Hyundai, Tesla, Volkswagen, General Motors, and Renault Lead

The UAE EV market is expanding due to strong government support, incentives, and growing eco-awareness. Opportunities arise from new model launches, especially in compact SUVs and sedans. Strategic partnerships and innovation in battery and smart technologies further drive growth, despite…

Nidec expands in Mena, Arkansas, with $19 million investment

Nidec Motor Corporation is expanding its existing facility in Mena, Arkansas, with an investment of more than $19 million. With the expansion, Nidec aims to create 35 new jobs over five years. Claudemir dos Santos, COO of Nidec Appliance, Commercial and…

PM says Egypt keen to boost manufacturing of electric vehicles

Prime Minister Mostafa Madbouly said Egypt is keen to boost the manufacturing of electric vehicles, especially in light of the national strategy to localize the auto industry and advance transition into the green economy. Madbouly made the remarks during his…

Nissan Considers Significant Seduction In LEAF Production

Nissan Motor Co., Ltd. has significantly downgraded its production targets for the new LEAF electric vehicle (EV), Azernews reports, citing foreign media. Sources familiar with the situation revealed that delays in battery procurement have forced the automaker to cut its…

Nio Targets Top 3 in UAE’s Premium EV Market in 2-3 Years, Exec Says

Chinese carmaker Nio is aiming to be a top-3 brand in the premium EV segment in the United Arab Emirates within two to three years, according to Mohammed Maktari, chief executive of the company’s Middle East joint venture. The Shanghai-based…