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NIO begins online presence for its expansion to the UAE ahead of a market launch later this year

Baua Electric

Chinese EV automaker NIO is expanding its global presence, making headway in the United Arab Emirates (UAE) following a strategic partnership backed by the Abu Dhabi government. The automaker has gone live with an official website and social media page for its new UAE business division and has shared who will manage it.

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Aptera to sell its solar EVs in the UAE, beginning with 53 exclusive ‘Union Editions’ with ‘Solar Chill’

Electrek

Just weeks after announcing plans to showcase its solar EV technology to the public in the United Arab Emirates (UAE), startup Aptera Motors is taking things a step further.

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Aptera to sell its solar EVs in the UAE, beginning with 53 exclusive ‘Union Editions’ with ‘Solar Chill’

Baua Electric

Just weeks after announcing plans to showcase its solar EV technology to the public in the United Arab Emirates (UAE), startup Aptera Motors is taking things a step further. With DRIFTx underway later this week, Aptera has already shared news that includes expanding to a new market outside its native US— the Middle East.

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India’s automotive aftermarket is likely to grow to USD 14 billion by 2028: ACMA-E&Y study  | Autocar Professional

Baua Electric

The market is expected to grow on a steady increase in vehicles, which is projected to grow at a CAGR of over 8% in the next five years from the current 340 million units. The research that covered 39 countries identified the top ten international markets where it sees a combined export potential of over USD 35 billion by 2028.

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Wardwizard eyes fresh funds of USD 180 million | Autocar Professional

Baua Electric

They expect their recent foray into the electric three-wheeler segment with their Joy e-bike brand, as well as strong demand from urban areas to Tier 2 and 3 markets, to boost their numbers. They also plan to produce electric trucks for the UAE market over a three-year period. tonnes and 2.5

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Joy e-bike maker to develop hydrogen scooter, eyes global expansion | Autocar Professional

Baua Electric

The company will commence the assembly of its high- and low-speed electric two-wheelers at the new facility, with an initial annual target of more than 20,000 units to cater to the growing demand in the Eastern and Northern regions of India, as well as the export market in Nepal.

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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

On the international front, the study covers 39 countries and narrows down its focus to 10 major export markets, identifying over USD 35 billion worth of export opportunities. The combined export potential to these ten markets is expected to grow to over USD 35 billion by 2028.

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