#Electric Vehicles

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

Neodymium, on periodic table. Rare earth metal in lanthanide series, with atomic number 60 and element symbol Nd, from Greek neos didymos, meaning new twin. Used for lasers and high strength magnets.

China bans export of rare earths processing tech over national security

China has significantly tightened rules guiding exports of several metals this year, in an escalating battle with the West over control of critical minerals

electric car

Charging ahead: 63% of UAE residents want to drive EVs by 2025

The vast majority of UAE residents are keen to make the switch to electric vehicles sooner rather than later, according to a new survey.

US President Joe Biden (R) speaks with European Commission President Ursula von der Leyen

US-EU Summit: Prospects dim for trade deals, with focus on crises in Middle East, Ukraine

The US has proposed forming a largely tariff-free green steel club that would also be open to other allies

Green Scooter

Interview: Green Scooter, South African mobility startup unveils EV solution in Dubai

The green mobility startup was in Dubai to showcase South Africa’s ability to design, manufacture and scale EV solutions for the continent

Saudi Arabia’s PIF, SEC set up EV infrastructure company

Saudi Arabia’s PIF, SEC set up EV infrastructure company

The wealth fund will hold a 75 per cent shareholding in the company, while the SEC will own the remaining 25 per cent stake

Lucid opens Saudi Arabia’s first car production facility

Lucid opens Saudi Arabia’s first car production facility

The new facility will assemble Lucid Airs, with an initial capacity to produce 5,000 units a year

Road to the future_uae boosts smart mobility

Here’s how UAE is expanding the horizons of smart mobility

Shared mobility, micromobility and autonomous vehicles are set to become mainstream in the coming years, say experts

Al-Futtaim Automotive leads $15 million funding round in revolutionary EV startup – River IMage Credit River

Al-Futtaim Automotive leads $15m funding round in Indian EV startup, River

Within a short span of two years since inception, River launched its first product ‘Indie’ an urban electric scooter to rave reviews last February

Uber India

Uber to add 25,000 electric vehicles in India in green push

The ride-hailing company will launch EV Uber Green in June in Mumbai, Bengaluru and Delhi

ADNOC Distribution, Taqa partner to offer EV charging points across UAE

ADNOC Distribution, Taqa partner to offer EV charging points across UAE

The E2GO joint venture will play a critical role in delivering EV charging infrastructure across Abu Dhabi

NWTN facility at KEZAD

Dubai-based mobility tech company NWTN delivers first batch of EVs

The KEZAD assembly facility is NWTN’s first facility in the UAE

Vincent Wijnen Al-Futtaim Senior MD

Interview: Al-Futtaim Automotive’s Vincent Wijnen talks about innovation and sustainability

The senior managing director talks about the company’s presence at the Abu Dhabi Air Show, its electric vehicle portfolio and supporting UAE’s net-zero goals

Tesla

Tesla delivers record 343,830 cars; misses estimates

The carmaker doesn’t break out sales by geography, but the US and China are its largest markets

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

Polestar sees 125% increase in sales in H1 2022

Swedish EV company Polestar reports 125% increase in sales in H1 2022

The next major step for Polestar will be its entry into the SUV segment with the global launch of the electric performance SUV, Polestar 3, in October

Electric vehicle

Electric vehicle outlook is even brighter if the world bikes and takes the bus

Electrification has now spread to all segments of road transport, opines Bloomberg columnist Colin McKerracher

Combustion

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

EV charging Getty images

Abu Dhabi launches regulatory policy for EV charging infrastructure

The policy will enable necessary investments into EV charging infrastructure in Abu Dhabi and encourage consumers to purchase and use EVs in the emirate

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

The factory will be located in the King Abdullah Economic City

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

EV charging

The big EV charging mystery: How long does it take?

The charging curve of any particular vehicle is closely tied to the longevity of its battery

Good times are ahead for lithium miners as prices continue to surge

The popularity of electric vehicles has driven prices for battery metals sharply higher

Lucid Motors

Lucid will sell up to 100,000 EVs in deal with Saudi Arabia

Lucid said it would start delivering the vehicles by the second quarter of 2023

GM and Honda in talks to develop solid-state EV batteries

A GM and Honda partnership for solid-state storage would deepen their growing relationship

DEWA EV Green Chargers provide 8,800+ MWh of electricity to date

DEWA’s EV Green Charger network has expanded to over 325 charging stations across Dubai, serving 5,107 electric vehicles as of January 31

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

Smart mobility company Barq EV launches in the UAE

Barq also signed two MoUs, the first with the restaurant and food group Americana and the second with specialised automobile equipment global manufacturer Motherson

How to best fund a sustainable future

The main challenge: capital markets do not yet fully understand what the rule book for sustainable investing looks like