#Electric Car

Tesla model-3

Tesla launches new Model 3 long-range variant

The new Model 3 long-range variant is priced at $42,490

Rivian

Volkswagen’s $5bn investment in Rivian signals future EV collaboration trends

Rivian will form an equally controlled joint venture with Volkswagen to share EV architecture and software

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

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

Faraday Future targets Middle East drive with aiFalcon model

EV maker Faraday Future forays into Middle East, unveils new model

The automaker plans to launch a limited-edition model, the FF 91 2.0 Futurist aiFalcon, tailored to the local market

Lucid slashes prices amid EV price wars

Lucid cuts prices of electric sedans for limited time amid EV price wars

The automaker slashed the price of its Air Touring model to $87,500 and the more powerful Grand Touring by $10,000 to $115,600

Tesla Model Y

Tesla cuts price of Model Y versions

The Model Y forms part of the stable of vehicles, along with the Model 3, which are the best-sellers for the company

Turkey Saudi Arabia

Turkey’s President Erdogan meets Saudi Crown Prince, gifts electric car: Watch

The two leaders tested the electric car Togg which has been domestically produced in Turkey

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

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

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

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

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

Nigeria

Nigeria startup to expand electric vehicle use in African push

Metro Africa Xpress raised $31m last year to develop an EV market on the continent

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

electric car

Inflation turns EVs into luxury items, threatening broader electric shift

An electric car now costs $61,000 on average

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

UAE’s Al-Futtaim Group launches first Volvo electric car in the region

The full-electric XC40 BEV compact SUV was unveiled at the newly launched Volvo Studio located in Dubai Festival Plaza, Jebel Ali

DEWA to provide free charging to non-commercial electric vehicles in Dubai under new initiative

As of February 2021, the number of electric cars in Dubai has increased to 2,473

Rivian

Saudi Arabia considers starting homegrown electric-car maker

The project is linked to existing plans to build up automotive infrastructure in the country

Tesla with ‘no one’ driving crashes in Texas, killing two

One victim was found in the front passenger seat of a 2019 Model S and the other was in the rear