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Mercedes-Benz CTO Markus Schäfer shares the future of electric mobility

Mercedes-Benz CTO Markus Schäfer shares the future of electric mobility

The automaker’s CTO shares the company’s mandate on pioneering innovation and sustainable transportation

Lucid Group secures $1bn from Saudi PIF affiliate

EV maker Lucid beats first-quarter delivery estimates

Lucid said last month it was raising $1bn in capital from Ayar Third Investment Co, an affiliate of Saudi Arabia’s Public Investment Fund

range rover SV bespoke sadaf Image Supplied

Spotlight on the Range Rover SV Bespoke Sadaf edition

The Range Rover SV Bespoke Sadaf is limited to only 20 units for the region

Elon Musk tesla robotaxi

Tesla’s bet on robotaxis is a long way from paying off: Insight

Some Tesla investors and analysts said valuing a robotaxi business for Tesla is much more difficult than a low-cost car

Xiaomi SU7-scaled

Xiaomi’s EV buyers face up to seven-month wait for the SU7

Xiaomi built a Beijing factory capable of producing 200,000 cars annually before it had regulatory approval to start manufacturing in China

Lucid Group secures $1bn from Saudi PIF affiliate

Saudi-backed Lucid Group to raise $1bn from PIF affiliate

The automaker plans to use the proceeds for general corporate purposes including capital expenditures and working capital

Moove raises USD100m in series b round Image Moove

Moove raises $100m in Series B round: Mubadala, Uber invest

The funding comes after a year of significant growth for Moove that saw the company increase its annual recurring revenue to more than $115m

China’s Chery revs up for OMODA, JAECOO debut in UAE, Saudi

Chinese automotive giant Chery Automobile is gearing up to launch two of its newest global brands in the UAE and Saudi markets later this year

PIF’s Ceer to build $1.3bn EV factory in Saudi Arabia

PIF’s Ceer awards $1.3bn contract for EV factory in Saudi Arabia

The electric carmaker awarded the contract for a production facility spanning more than one million square meters

Apple shelves electric car plans after decadelong odyssey

Apple shelves electric car plans after decadelong odyssey

Several employees working on the electric car project will be shifted to the firm’s artificial intelligence division

The new McLaren Artura Spider

Supercar sensation: Introducing the McLaren Artura Spider

The new Artura Spider is McLaren’s first-ever high-performance hybrid convertible

Bentley 2023 Fleet

Here’s why Bentley is big on bespoke, shares CEO Adrian Hallmark

Bentley’s chairman and CEO gives us an insight into the company’s performance in 2023 and why customisation is key to its success in the region

AW Rostamani, Zeekr to launch premium EVs in UAE

Luxury EVs: AW Rostamani, ZEEKR unveil new cars for UAE

ZEEKR’s premium models will be available for test drives and bookings starting from March

Rolls-Royce

Rolls-Royce marks Lunar New Year with ‘Year of the Dragon’ Phantom and Cullinan: In photos

Rolls-Royce Bespoke Collective has revealed a modern, minimalistic expression of the dragon never previously seen in its cars

Rimac Nevera: World’s fastest, road-legal EV now in UAE

Rimac will reportedly produce only 150 Nevera cars with a price tag of $2.1m each

Seven signs deal with Formula E Image Supplied

PIF’s Seven brings world-first Formula E karting attractions to Saudi

The Formula E Karting attractions will be built at four of Seven entertainment destinations located in Riyadh, Jeddah, Dammam and Abha

Mercedes Benz Places by Binghatti unveiled Image Supplied

Binghatti unveils first Mercedes-Benz branded residential tower, here are the details

The residences will showcase mixed-use facilities comprising restaurants, sports and wellness zones, lounges, non-automotive retail, exhibition spaces, and parking

PIF Launches Electric 360 Image PIF

PIF unveils ‘Electric 360’ partnership, announces new brand revamp

The partnership with Formula E, Extreme E and E1 will promote educational opportunities tied to electric motorsports, as well as community, social programmes and environmental stewardship

Dubai UAE

Used cars: UAE’s most popular brands and how much they cost

Online marketplace dubizzle has published its latest 2023 used car sales report, highlighting which brands proved most popular last year

Porsche sales grew 11 per cent in MEA and India in 2023

Porsche sees sales rise 11% in Middle East, Africa, India in 2023

Porsche made delivered 9,135 new cars in conjunction with successful events such as Icons of Porsche in Dubai

Charging into the future with BMW iX5 Xydrogen

Charging into the future with BMW iX5 Hydrogen

The SUV is expected to hit the showrooms by the end of the decade

BMW is accelerating smart mobility in the Middle East

How BMW is accelerating smart mobility in the Middle East

BMW Middle East’s managing director tells Gulf Business that the German brand is exploring alternative powertrains and fuels to accelerate transition to emission-free mobility

Premium plates auction in Dubai Image RTA

Dubai’s number plate craze rakes in Dhs51m: Here are the top-selling ones

The top premium number plate was AA30 that sold for Dhs4,540,000

Tesla

Chinese EV giant BYD overtakes Tesla in car sales for Q4

BYD’s deliveries show price cuts are working for the Chinese company

Chinese smartphone maker Xiaomi unveils first electric car

China’s Xiaomi unveils first electric car, plans to become top automaker

The SU7 will come in two versions – one with a driving range of up to 668 km on a single charge and another with a range of up to 800 km

WATCH: Sheikh Hamdan takes the wheel — or not? — in self-driving taxi

The test follows RTA’s announcement in 2022 to set up Dubai as the first international market for Cruise

Tesla

Tesla recalls nearly all vehicles on US roads over lack of Autopilot safeguards

Tesla will roll out the update to 2.03 million Model S, X, 3 and Y vehicles in the US dating back to 2012

Thomas Ingenlath, CEO Polestar on decarbonisation

Insights: Why it’s time to drive decarbonisation across the auto industry

To stay on the 1.5-degree pathway for 2050, we have to stop selling fossil fuel cars by 2032 and this means transitioning to BEVs

Electric VEHICLE

How electric vehicles are accelerating the end of the oil age

The rate of future EV adoption is going to depend heavily on EV pricing and the availability of charging stations

McLaren

Dubai Police adds McLaren Artura hybrid supercar to patrol fleet

A top speed of 330 kilometres per hour and an acceleration of 0-100 kilometres per hour in 3 seconds make it one of the fastest supercars on the market