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Could McLaren go all-electric? UAE fund agrees to purchase 100% of the auto business to accelerate its growth

Electric McLaren

An Abu Dhabi-based investment firm has entered a non-binding agreement to buy 100% of McLaren’s automotive business, including a stake in the McLaren Group. The purchase goal is to bring additional capital to McLaren to accelerate its growth in vehicle development, particularly in electric vehicle technologies. If approved, could McLaren become the next supercar developer to go all-electric?

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NIO begins online presence for its expansion to the UAE ahead of a market launch later this year

NIO UAE

Chinese EV automaker NIO is expanding its global presence, making headway in the United Arab Emirates (UAE) following a strategic partnership backed by the Abu Dhabi government. The automaker has gone live with an official website and social media page for its new UAE business division and has shared who will manage it.

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Aptera to sell its solar EVs in the UAE, beginning with 53 exclusive ‘Union Editions’ with ‘Solar Chill’

Aptera UAE

Just weeks after announcing plans to showcase its solar EV technology to the public in the United Arab Emirates (UAE), startup Aptera Motors is taking things a step further. The company recently shared intentions to begin selling its nascent vehicles in the UAE, kicking off the new market entry with 53 production builds of an exclusive “Union Edition” model for early adopters in the Middle East.

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XPeng Motors continues global expansion, announcing dealer partnerships in 5 new markets

XPeng dealer

Chinese EV automaker XPeng Motors continues expanding its global partnerships list, announcing today five dealer networks in separate new markets to help sell its vehicles. In addition to recent plans to enter markets in Israel, XPeng will also sell EVs in the United Arab Emirates (UAE), Lebanon, and more markets in Europe this year.

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Archer Aviation signs deal to launch its eVTOL air taxi service across the United Arab Emirates

Archer Aviation

A mere few months after receiving FAA certification to begin eVTOL test flights in the US, Archer Aviation has found its first international launch partner for all-electric air taxi services in the United Arab Emirates. Through a recently signed MOU, Archer will work to implement the necessary infrastructure to enable commercial services on the wings (or rotors, rather) of incentives from Abu Dhabi.

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Einride partners with UAE to deploy a massive freight grid filled with electric, autonomous trucks

Einride UAE

Autonomous EV freight developer Einride is doing everything it can to become a globally recognized name in zero-emission commercial vehicle technologies. Today, the company announced a signed memorandum of understanding with the United Arab Emirates (UAE) Ministry of Energy and Infrastructure (MOEI) to deploy Einride’s full electric and autonomous freight portfolio across over 550 km.

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