The automaker slashed the price of its Air Touring model to $87,500 and the more powerful Grand Touring by $10,000 to $115,600
Tesla shared the new production figure in a tweet on Thursday
The founder and chairman of Al Habtoor Group donated a fleet of Mitsubishi Pajero SUVs
The German carmaker is selling a 12.5 per cent stake of Porsche’s total share capital
Proceeds from the 110th open auction held by Dubai’s Roads and Transport Authority totalled Dhs37.328m
The share sale, targetted to value Porsche at as much as EUR85bn – roughly the same as its parent – could deliver some 10.6 billion euros in proceeds to VW
The move will direct funds to Europe’s biggest carmaker to foot the staggering cost of electrification and software development
The duo will set up a joint venture for the plant with construction starting early 2023
The NFT, which is being minted on Polygon, is scheduled for a September launch and limited to just 208 pieces
Tesla will report second-quarter earnings after the market close on July 20
An electric car now costs $61,000 on average
Members of Parliament voted in favour of mandating that carmakers eliminate emissions from the cars they sell from 2035 onward
The opening of the Polestar Space in Mall of the Emirates follows the debut of the Swedish EV auto brand in the UAE in February
Shares of the automaker slumped more than 9 per cent on Friday after news of the job cuts emerged
Globally, Volvo’s Recharge EV sales made up 34 per cent of total sales, of which fully electric cars made up 8 per cent in the first quarter
As part of its ongoing transformation, Lotus has also opened its new sports car manufacturing facility in Hethel, England
The idea behind the Azure specification is to provide Bentley customers with a curated selection of features designed to enhance the wellbeing and comfort of the vehicle’s occupants
While Audi e-tron GT has reported strong sales numbers, other models doing well include Q3, Q5, Q7 and Q8
The factory will be located in the King Abdullah Economic City
The charging curve of any particular vehicle is closely tied to the longevity of its battery
Both Porsche and Audi have started work on F1 engines
Lucid said it would start delivering the vehicles by the second quarter of 2023
A GM and Honda partnership for solid-state storage would deepen their growing relationship
The first batch of 10 vehicles have been handed over to the police force
It recorded 41 per cent year-over-year growth last year with a total of 24,269 vehicles delivered worldwide
Lenovo’s hardware devices, as well as its high performance computing and server solutions will be integrated throughout the organisation’s operations
New Zealander Emma Gilmour has become the first woman to bag a driver’s role at McLaren Racing – and she’s doing so at the equally revolutionary Extreme E series
With the advancement in workplace culture, companies are taking note of the significant contributions of their female colleagues
The newly formed Ford Model e unit will scale up the automaker’s EV offerings