November 30, 2019

Saudi Fund for Development in Collaboration on Social Infrastructure...

The Saudi Fund for Development (SFD) recently signed an agreement for a grant package worth over USD $9 million to fund the design and construction of a water distribution network, a judicial courthouse and infrastructure projects in Dijbouti, marking the latest in a series of the SFD’s"...

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November 30, 2019

Taulia Clients Airbus and Sasol Recognized at the 2019 Supply...

(AETOS Wire)-- The Supply Chain Finance (SCF) Awards showcase companies’ achievements in demonstrating best practice and innovation in supplier finance. Announced on 28th November at a presentation ceremony at Amsterdam’s Beurs van Berlage,"...

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November 28, 2019

MG to launch its first EV in Mideast in January

MG Motor has revealed its first-ever 100 per cent electric vehicle for the Middle East market – the brand-new MG ZS EV - at the 2019 International Conference for Future Mobility, with plans for first deliveries from January 2020.

The stylish, compact SUV is based on the"...

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November 27, 2019

BAIC to increase Daimler holding after 5 per cent stake...

Daimler’s main Chinese joint venture partner BAIC Group has signaled its intention to increase its stake in the German luxury car manufacturer, sources briefed on the matter said, after it built up a 5% Daimler holding in July.

Officials at BAIC’s listed company,"...

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November 27, 2019

Hyundai invests $1.55 billion in first Indonesia car factory...

South Korea’s Hyundai Motor said on Tuesday it has signed a preliminary deal to build a new factory in Indonesia, which would be its first car plant in Southeast Asia and a crack at Japanese rivals that dominate the market.

The deal comes as Hyundai and affiliate Kia"...

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November 17, 2019

Velodyne Lidar Debuts Alpha Prime™, the Most Advanced...

Velodyne Lidar, Inc. today introduced Alpha Prime™, the next generation lidar sensor utilizing Velodyne’s patented surround view technology to deliver the combined highest performance specifications for the autonomous mobility industry in one sensor. The sensor is an unmatched solution in perception, field-of-view and range for autonomous markets including transportation, trucking and robotics. Offering a new level of power efficiency, the Alpha Prime is available now for orders and delivery. The Alpha Prime’s unique combination of breakthrough innovations allows vehicles to navigate in unfamiliar and dynamic settings. Its......

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November 17, 2019

2019 ‘UAE Year of Tolerance’ - How Tolerant...

2019 marks the ‘UAE Year of Tolerance’ and this begs the question of how tolerant are we to each other on UAE’s roads? Obviously, a caring attitude is the foundation of a good road safety culture and one dimension of it is how tolerant motorists are to each other. This"...

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November 10, 2019

GM sells shuttered Ohio plant to EV truck start-up

NEW YORK: General Motors Co confirmed it has sold its shuttered Lordstown Assembly plant in Ohio to a start-up that has an ambitious plan to begin building electric pick-up trucks by the end of 2020.
Lordstown Motors Corp, which is 10 per cent owned by Workhorse Group Inc, has retained"...

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November 4, 2019

Dangerous Driving Increases Slightly, but Remains on Relatively...

The results of the 8th cycle of the unique and long-running ‘UAE Road Safety Monitor’ study once again underline the authorities’ efforts to further improve the country’s road infrastructure and this directly contributes to all-time-high values for driving enjoyment"...

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