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Nio garners $2.2 billion investment from UAE fund

Teslarati

billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets. market , the home country of dominant EV seller Tesla, by 2025. Nio buys 12% stake in lithium mining company What are your thoughts? Nio is aiming to enter the U.S. The post Nio garners $2.2

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Tesla receives massive fleet order from the UAE

Teslarati

According to the announcement from Arabia Taxi Dubai, it will buy 269 Tesla Model 3s to become part of its taxi fleet in the United Arab Emirates. However, with such sizable investments from legacy makers, Tesla will need to work quickly to introduce its competitor to the market. What do you think of the article?

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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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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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CarDekho Group eyeing 40% consolidated growth in FY25: Founder Amit Jain – ET Auto

Baua Electric

The South East Asian market (Indonesia, the Philippines, and Malaysia) is yielding strong numbers, he said, adding that the company is evaluating the Middle East market (UAE and others) as the next phase of overseas expansion for the coming financial year.

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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. Scott Miller. Down but not out.

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

Charged EVs

The commercial EV market is hot—a bit too hot for some. 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. They’re getting into the market with the wrong technology and high capital investment costs.