Tesla’s valuation drops by $145bln on demand concerns
Tesla’s shares have seen a huge decline, losing nearly one-fifth of their worth of $145 billion in less than two…
Browsing Tag
Electric Vehicles (EV)
W Motors make car production deal with Jordan’s Manaseer
Dubai-based W Motors signed a deal with Jordan's Manaseer Group to produce electric cars in the Kingdom, Jordanian…
Egypt approves golden licence for GASCO to increase capacity
The Egyptian Natural Gas Company (GASCO) has received on Wednesday the golden license from the government, to…
Tesla in talks with KSA to build factory in the Kingdom
Tesla is currently in talks with Saudi Arabia to establish a factory in the Kingdom, Wall Street Journal (WSJ)…
Egypt’s MCV partner with Volvo to produce electric buses
Egypt's Manufacturing Commercial Vehicles (MCV) has partnered on Tuesday with Swedish automotive Volvo to produce…
Tesla launches cheaper versions of Model X, Model S
Tesla, the US-based electric vehicle maker, launched cheaper versions of its Model X and Model S vehicles in the US…
BYD plans to expand its business in Egypt
BYD, the China-based vehicle manufacturer, said on Thursday it plans to expand its business in Egypt, denying…
Egypt signs contracts to launch 1st locally manufactured EV by 2024
The Egyptian government signed on Tuesday contracts in the New Administrative Capital (NAC) in order to launch…
India rejects BYD’s $1 bln factory offer
India has rejected BYD’s offer to set up an electric vehicle (EV) factory worth one billion dollars in the country,…
Tesla to produce about half million EVs annually in India
Tesla is set to produce half a million electric vehicles (EVs) every year in India said the Times of India on…
