Baua Electric

MARCH 23, 2024

Bahrain’s sovereign wealth fund, Mumtalakat, has assumed full control of McLaren Group, manufacturer of high-end sportscars and majority owner of the McLaren F1 team, BBC reported. Supply chain disruptions and issues with the new Artura hybrid sportscar further compounded its struggles, resulting in significant losses, reports BBC.

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Bahrain BBC Buy 2007 40

Baua Electric

OCTOBER 30, 2024

An Abu Dhabi-based investment firm has entered a non-binding agreement to buy 100% of McLaren’s automotive business, including a stake in the McLaren Group. However, that lineup has consisted almost entirely of combustion vehicles, apart from the hybrid V6 Artura , which debuted in 2020.

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UAE Purchase All-Electric Auto 52

Baua Electric

NOVEMBER 7, 2024

Ford sees sales surge in Saudi Arabia with EVs en route More people are buying Ford’s vehicles in The Middle East than ever. The American automaker is growing in key regions, including the United Arab Emirates, Kuwait, Bahrain, Qatar, and Saudi Arabia. Ford said it’s currently the fastest-growing auto brand in Saudi Arabia.

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Saudi Arabia United Arab Emirates Ford Auto 52

Baua Electric

NOVEMBER 3, 2023

is making plans to starting a minimum of two pristine hybrids or EVs, time Xpeng Inc. s top class Zeekr emblem have began promoting in Israel and planning to make bigger into extra international locations within the patch, together with Qatar and Bahrain. Chery Car Co. and Zhejiang Geely Keeping Staff Co.’s

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Saudi Arabia Chinese Asia Oil 52