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Nio garners $2.2 billion investment from UAE fund

Teslarati

The recent injection gives CYVN 20 percent of Nio’s shares, just following President and Co-founder Lihong Qin’s recent statements that the automaker was seeking new investment plans. “We We are looking for new investors, and financing is one of our daily jobs,” Qin said. “It The post Nio garners $2.2

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Synovate Global Study Explores Future Car Buyers Sentiments

Green Car Congress

Anger, frustration, greed, lack of trust are a few of the many sentiments expressed by consumers and future car buyers globally, according to a recent “Tipping Point” study by Synovate Motoresearch, the automotive division of global market research company Synovate. People will return to car buying—it*’s just a matter of time.

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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 markets include Indonesia, Latin America, Poland, Brazil, Columbia and Bangladesh, as well as matured markets, including African countries and UAE, with a substantial number of aging vehicles. Automechanika, which primarily focuses on the aftermarket, will see the participation of over 500 companies and have over 50 new products. “The

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

Baua Electric

New Delhi: The size of the Indian automotive aftermarket that was USD 10 billion in 2023 is expected to grow by close to 1.4 ACMA , the apex body of the Indian auto component industry, has shared this data from its Global Automotive Aftermarket Research Report , conducted in partnership with leading advisory firm Ernst & Young.

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Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

But Saudi Arabia and the UAE can draw on expertise in handling oil brine and wastewater at oil production sites. Concentration and price collapse For now, global economic weakness has depressed buying of new vehicles and led lithium prices to dive.

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Using modular platforms and micro-factories to lower the cost of commercial EVs – Charged EVs

Baua Electric

Hummingbird is addressing several global markets—it has customers in the US, Europe and China, and is now making a major push into India and the GCC (Persian Gulf) region. For example, Dana is in the US, Dana is in India, Dana is there globally. We’re trying to scale it up into both the two other places [India and the UAE].

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How HummingbirdEV uses modular platforms and micro-factories to lower the cost of commercial EVs – Charged EVs

Baua Electric

Hummingbird is addressing several global markets—it has customers in the US, Europe and China, and is now making a major push into India and the GCC (Persian Gulf) region. For example, Dana is in the US, Dana is in India, Dana is there globally. We’re trying to scale it up into both the two other places [India and the UAE].