Browsing: electric vehicles

DP World, a global leader in logistics and supply chain solutions, handled a record 1.3 million vehicles across its Dubai terminals last year, marking a 53.6% increase from the previous year and the highest volume in its history.

The Dubai Loop, a groundbreaking project by Elon Musk’s The Boring Company in collaboration with the RTA, is set to redefine urban mobility while enhancing public health for cyclists and pedestrians, said Louise Bou Rached, Director of Sales for the Middle East, Turkey, and Africa at Milestone Systems.

The UAE Ministry of Energy and Infrastructure intends to set up more than 500 electric vehicle (EV) charging stations nationwide by the close of 2025, as stated by Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs.

The UAE’s used electric vehicle (EV) market witnessed a 53% surge in demand in 2024, with EV listings increasing by 47%, as highlighted in dubizzle’s Used Electric Vehicle Market Report 2024. Tesla retained its dominance with a 36% market share, with the Model 3 and Model S leading the sedan category, while the Model Y and Model X topped the SUV segment.

Elite Group Holding has signed a musataha agreement to build a 1 million square foot integrated facility in Dubai Industrial City, valued at AED 100M ($27.2M). This project aims to drive growth in the UAE’s automotive and e-commerce sectors, reinforcing the company’s commitment to innovation and sustainable business practices.