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Audi Formula 1

Audi to join Formula 1 with racing car running on synthetic fuel

Audi will build a dedicated Formula 1 power train at a facility in Neuburg, Germany

BMW begins concept testing all-electric high performance models

BMW commences concept testing for all-electric high-performance models

BMW, which is celebrating its 50th anniversary, launched the all-electric iLi MS0 performance car this year, with the launch of the i7 M70 to follow early next year

Vincent Wijnen, Senior Managing Director, Al-Futtaim Automotive

Al-Futtaim Automotive’s Vincent Wijnen on the factors driving the company’s performance in H1 2022 and its future plans

The senior managing director of Al-Futtaim Automotive showcases H1 highlights and brand performance, the growing focus on sustainability and the company’s future vision

Saudi Aramco plans to go big carbon storage

Aramco to acquire Valvoline Global Products for $2.65bn

Aramco will benefit from VGP’s robust manufacturing and distribution network, significant R&D capabilities, strong partnerships with major OEMs

RTA and Cruise to operate two Chevrolet Bolt electric vehicles

RTA and Cruise to operate two Chevrolet Bolt electric vehicles

Dubai is set to become the first city outside the US to operate Cruise’s driverless vehicles by 2030

Mclaren

McLaren raises $150m from shareholders with cash low

Shareholders include Bahrain’s sovereign wealth fund Mumtalakat, investment firm Ares Management Corporation and Saudi Arabia’s Public Investment Fund

Motor

Motor launches electric car-sharing platform in the UAE

The platform aims to accelerate the transition to sustainable mobility in the UAE through flexible and convenient electric car-sharing

Hyundai Ioniq 6

Hyundai unveils Ioniq 6 in push to challenge Tesla

The Ioniq 6 can travel up to 610 kilometres on a single charge with its 77.4 kilowatt-hour battery

Rolls Royce Private Office Dubai

Rolls-Royce opens ‘Private Office’ in Dubai, its first outside the UK

Rolls Royce’s Private Office Dubai is the first among similar facilities planned for luxury destinations around the world

electric car

Inflation turns EVs into luxury items, threatening broader electric shift

An electric car now costs $61,000 on average

Nissan wins court appeal

Dubai Court of Appeal rules in favour of automaker Nissan in Al Dahana case

The Dubai Court of Appeal has dismissed all of Al Dahana’s claims against Nissan

Combustion cars

Europe moves closer to cutting off its lifeblood combustion engine

Members of Parliament voted in favour of mandating that carmakers eliminate emissions from the cars they sell from 2035 onward

Polestar MOE store

Polestar Space launched at the ‘Store of the Future’ in Dubai’s MoE

The opening of the Polestar Space in Mall of the Emirates follows the debut of the Swedish EV auto brand in the UAE in February

Mercedes

Mercedes to recall one million cars on fear of faulty brakes: AFP

More than 993,000 vehicles were being recalled worldwide, of which 70,000 were in Germany

Anghami volkswagen

Anghami, Volkswagen partner to promote safer driving

To ensure drivers remain safe while using the Anghami platform, the Auto Car Mode UI makes buttons bigger and clearer resulting in less distractions

Mercedes

Mercedes to swing to top-end models in luxury-car profit race

Mercedes sees top-end vehicle sales increasing by 60 per cent by 2026, a jump that would help push its operating margin to around 14 per cent by mid-decade

Lucid’s Saudi EV factory to receive $3.4bn in incentives

The factory will be located in the King Abdullah Economic City

Subaru automaker

Subaru to spend $1.9bn on battery capacity, add EV line

The automaker has started receiving orders for its Solterra model, its first all-electric SUV developed with Toyota

Toyota

Toyota to invest $624m to make EV parts in India

Indian automakers could generate $20bn in revenue from electric vehicles between now and fiscal year 2026

Volkswagen

VW sees better chip supplies in second half, boosting output

Volkswagen confirmed a projection that deliveries will rise by as much as 10 per cent this year

Apple’s Chart-Topping Run Gets a Boost From Retail Investors

Apple hires 31-year Ford veteran to ramp up electric-car work

An Apple car would put the company in competition with Tesla and Lucid Group as well as traditional automakers racing to introduce electric vehicles

insurance

Ford announces Lincoln Star electric SUV concept

The automobile manufacturer plans to introduce four new EVs into its Lincoln lineup by 2026

Honda CEO bets $40bn to reach goal of going fully electric

Last month, Honda announced it’s joining forces with tech giant Sony Group to develop EVs that will go on sale starting in 2025

Insights: Nissan’s Joni Paiva on the four trends shaping the future of mobility

Nissan’s divisional vice president for Africa, Middle East, India and the Oceania region, says the automotive sector’s second major revolution has been driven by three factors: customers, manufacturers and markets

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Trends that will shape the automotive industry in 2022

Ben Barber, MD at XA Group explains why the following trends can be a critical element in deciding your success if you work in the automotive industry

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Panasonic to spend $5bn on EV cells, supply chain software

The Osaka-based firm will invest 400 billion yen in growth areas including electric vehicle cells

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UAE’s car rental platform Selfdrive launches in Qatar and Bahrain

The company aims to acquire 50-65 per cent of the digital rental market share in these markets

German auto giant Volkswagen inaugurates regional HQ in Doha

The newly-established Volkswagen Group Middle-East Group will lead and support the company’s activities in all markets in the region

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Here are the top five automotive technology trends for 2022

Gartner analysts predict that by 2030, there will be four times as many level 4 autonomous robotaxis operating globally than there are taxis in 2022

Why automotive apps are the future of car rentals

In an exclusive interview, Soham Shah, CEO at Selfdrive shares how apps are dominating the automotive space, allowing customers mobility at fingertips