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Hurtan Grand Albaycin

Hurtan Automoviles enters UAE market with its iconic Grand Albaycin

The Hurtan Grand Albaycin is a two-seater luxury convertible that features a classic design inspired from the 1950s and 1960s era

Model S

Tesla increases price of Model S, X in US after shares slump

The latest starting prices of both models are $87,490 and $97,490, respectively

Cars24

Interview: Abhinav Gupta, CEO – Gulf region at Cars24

Reports suggest that the UAE ranks eighth globally for readiness in the electric vehicles market and is expected to grow 30 per cent annually until 2028

Hyundai

Hyundai commits to $18bn spend in shift to electric cars

The group plans to boost its annual output of electric cars in Korea to 1.51 million units by end of this decade

Battery

Tesla to build new battery factory, says Elon Musk

The company will manufacture its Megapack large-scale energy-storage unit in the new facility

EV Chargers

UK set for massive rollout of EV chargers in net-zero push

England’s Surrey County Council and EV-infrastructure company Connected Kerb plan to install 10,000 chargers by 2030

RTA premium number plates auction-112

Dubai premium number plates fetch a total of Dhs38.21m

RTA offered a total of 90 premium number plates for bidding during the 112th Open Auction

Porsche Taycan Turbo. Image by Porsche

Porsche operating profit in 2022 surges $7.2bn on high revenues

The automaker said it is pushing its strategy of modern luxury in 2023 and has started its ambitious Road to 20 programme

powertrains

New powertrains may cut hybrid costs up to 30%, says Nissan

The automobile manufacturer unveiled blueprints for two new powertrains — one for its E-power hybrids and another for zero-emission vehicles

Aramco, Geely and Renault venture

Saudi Aramco plans to set up powertrain JV with Renault, Geely

Aramco will be a minority stakeholder in the venture while Geely and Renault are expected to retain equal equity stakes

Waymo

Alphabet’s Waymo cuts 8% of staff after second round of layoffs

The company confirmed its staff reduction, saying it eliminated some engineering roles and rebalanced its headcount

Tesla

Tesla’s Mexico plant to require $5bn investment

Mexican President Andres Manuel Lopez Obrador earlier said that Tesla will build the plant in Monterrey

California

Tesla to build engineering headquarters in California

The company is occupying the former headquarters of Hewlett Packard, Tesla chief executive officer Elon Musk said Wednesday

Tesla Crash

Tesla fatal crash with fire truck draws US regulator inquiry

The Contra Costa county fire department said that a Tesla struck one of its trucks that was blocking lanes while responding to an earlier accident

Tesla

Tesla recalls over 362,000 cars due to self-driving software safety concerns

The automaker is expected to fix the issue through an over-the-air software update by April 15

Ford

Ford is investing $3.5bn in EV battery plant with Chinese firm

The facility is set to open in 2026 and will produce enough batteries to power 400,000 EVs a year

Electric VEHICLE

Everything you need to know about charging an electric car

If you’re new to EVs, here’s a charging primer to get you up to speed

Volkswagen

Volkswagen targets significant EV returns from 2026

Shares in the EV car leader have jumped 44 per cent so far this year after tumbling 65 per cent during 2022

Toyota

Toyota sees vehicle production recovery in 2023, with some risks

The Japanese auto manufacturer made 9.7 million vehicles in 2019

Tesla

Dubai Islamic Bank launches financing solution for future Tesla owners

The fully digital financing process will make it easier for Tesla customers to apply for auto financing and improve their buying experience

Car Review: Aston Martin’s DBX

We explore why Aston Martin’s DBX, its first SUV, has become the automaker’s top-selling model

Toyota

Saudi’s Abdul Latif Jameel partners with Toyota to personalise automobiles

The joint venture will bring genuine Toyota accessories to the Middle East region, benefitting customers with more choices of accessories

saudi arabia

Saudi PIF-backed EV firm secures site for Foxconn project

Construction on the site, which is near a major Red Sea trading port, will start early next year

Ferrari unveils its first four-door, four-seater model Purosangue

Ahead of its anticipated launch, Giorgio Turri, general manager of Ferrari Middle East, talked to Gulf Business about the Italian carmaker’s foray into this new space and the direction it heralds for the company

Ceer

Saudi’s first EV brand Ceer appoints James Deluca as CEO

In his last role, DeLuca led VinFast, Vietnam’s first domestic automobile brand

Tesla sales fall short of estimates as stronger dollar bites

Tesla cited higher costs related to a slower-than-expected ramp up in output at the new factories, as well as difficulties shipping vehicles

Khalaf Ahmad Al Habtoor donates 100 vehicles to Dubai Police

UAE businessman Khalaf Al Habtoor donates 100 cars to Dubai Police

The founder and chairman of Al Habtoor Group donated a fleet of Mitsubishi Pajero SUVs

Dubai Police receives first Electric SUV+Dubai Media Office

Dubai Police adds first electric SUV to its fleet of patrol cars

The E-HS9 is the first fully sports utility vehicle from Hongqi with the functionality of an SUV

Bentley's focus on becoming a sustainable luxury brand by 2030

Bentley’s focus on becoming a sustainable luxury brand by 2030

Richard Leopold, Bentley’s regional director for the UK, Africa, and the Middle East, tells us about the automaker’s focus on electrification, its half-year performance and new launches

Electric mobility

UAE among top 10 countries globally in terms of readiness for electric mobility, shows report

The Arthur D Little report states that the UAE’s electric vehicle market is estimated to grow at a compound annual growth rate of 30 per cent between 2022 and 2028