PositivEnergy Chosen by Philadelphia to Power the Future of EV Charging
The partnership marks a major milestone for the fast-growing company as it scales reliable EV charging network and infrastructure nationwide PositivEnergy, a rapidly expanding EV charging network, and provider of electric vehicle (EV) charging infrastructure and fleet electrification solutions, today…
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…
Rising fuel costs accelerate UAE’s shift towards electric and hybrid vehicles
The UAE is witnessing a clear and immediate surge in EV interest, with engagement increasing by 24 percent in the first week of April Drivers in the UAE are increasingly shifting towards electric and hybrid vehicles as rising fuel costs,…
Demand For Hybrid, EV Cars Rise In UAE Amid Higher Oil Prices
With petrol prices rising sharply in the UAE in April due to the regional conflict, UAE automobile companies say inquiries into hybrid and electric vehicles (EVs) have steadily risen over the course of the war as consumers look for cost-friendly alternatives….
Dubai’s Expansion of EV Infrastructure to Enhance Urban Mobility
Dubai is set to expand its electric vehicle infrastructure, with plans to install 200 ultra-fast charging stations across key residential and retail areas. This initiative, which aligns with the emirate’s broader sustainability goals, aims to provide more convenient access to…
Saudi fintech start-up Tamara lands up to $2.4 billion financing deal
DUBAI (Reuters) -Saudi Arabian start-up Tamara has secured an up to $2.4 billion financing package from backers including Goldman Sachs, Citi, and Apollo funds that will help the fintech company expand its credit and payment products, it said on Monday….
Hyundai Battery Facility Experiences Startup Delay of 2-3 Months After US Raid, According to CEO
Hyundai Motor’s joint venture battery plant is anticipated to experience a startup delay of no less than two to three months, following a recent immigration enforcement operation, as stated by CEO Jose Munoz on Thursday. The facility, situated in Georgia…
Nio Opens Third Location in UAE With Showroom, Delivery and Service
Chinese EV maker Nio has opened on Monday a new showroom in the Middle East, marking the third one in the United Arab Emirates (UAE) and the second one in Dubai. After opening a Nio House and a Nio Space, the company…
New Omani platform to invest $75.4mln in green mobility
The launch of the National Green Mobility Company (NGMC), a public–private platform designed to accelerate the transition to electric transport, was officially announced yesterday, August 31, with investments estimated at RO 29 million ($75 million). The company will launch an…
Honda Bets Big on Ohio for EV Production, with $1B Investment
Honda is finally shifting gears and getting ready after many years of planning to enter an “electrified era”. It is ready to make investment of $1B in manufacturing the company’s first electric vehicles (EV) in U.S. Honda, the Japanese automaker…