by Jibran Munaf | October 21, 2024 | Automotive
German automakers have no reason to fear competition from China, Chancellor Olaf Scholz said on Monday during the opening of Mercedes-Benz’s first battery recycling facility, a project that aligns with Germany’s broader industrial policy goals. Addressing...
by Jennifer George | October 17, 2024 | Automotive, Coverage, Economy, Gitex 2024, Green, Industry, News
Tesla and UAEV have secured the first Independent Charge Point Operator (CPO) licenses for electric vehicle (EV) charging stations in Dubai. The Dubai Electricity and Water Authority (Dewa) announced the milestone on Wednesday at GITEX Global 2024. According to Saeed...
by Jibran Munaf | October 13, 2024 | Automotive
China’s passenger vehicle sales rose 4.3% in September, breaking a five-month streak of declines, driven by government subsidies aimed at boosting trade-ins as part of a larger economic stimulus package. The growth was powered entirely by sales of electric...
by Jibran Munaf | October 6, 2024 | Automotive, Aviation, Travel
In a move aimed at transforming urban mobility in Dubai, the city’s listed parking operator, Parkin, has signed a Memorandum of Understanding (MOU) with UK-based Skyports Infrastructure. The collaboration will focus on developing vertiports—specialized...
by Jibran Munaf | October 5, 2024 | Automotive
European Union governments face a critical vote on Friday over the potential imposition of tariffs of up to 45% on Chinese-made electric vehicles (EVs), following a year-long investigation into alleged unfair subsidies. Key Decisions in a High-Profile Trade Case The...
by Jibran Munaf | September 28, 2024 | Automotive
Volkswagen has revised its annual outlook for the second time in under three months, citing weaker-than-expected performance in its passenger car division amid mounting challenges in the automotive market. Europe’s largest carmaker now expects a profit margin of...
