NIO and Geely Form Major EV Battery-Swapping Partnership
News Summary NIO and Geely Holding Group announced a strategic partnership on 28 September covering electric-vehicle charging and battery-swapping technology. The two companies plan to share technology, develop common battery-swapping standards and connect parts of their charging infrastructure. Geely will also acquire a 30% stake in NIO Power, subject to regulatory clearance and other closing […]
ROX Begins ADAMAS Vehicle Production in Abu Dhabi
News Summary ROX has started producing its ADAMAS luxury all-terrain vehicle at the company’s Advanced AI Manufacturing Centre in Abu Dhabi. The first three vehicles produced at the facility carry the “Made in the Emirates” mark. ROX says the plant will initially have the capacity to produce 20,000 vehicles in 2027, with a target of […]
Abu Dhabi-Backed McLaren Confirms First Performance SUV
News summary McLaren Automotive has confirmed plans to develop its first performance SUV as part of a major expansion backed by its Abu Dhabi shareholder. The program includes a new UK production facility, in-house powertrain manufacturing and 1,000 new jobs, although the SUV’s name, specifications and launch date remain unannounced. McLaren Automotive is preparing to […]