As the automotive industry moves towards a future of connected and autonomous vehicles, ensuring robust cybersecurity is of paramount importance. …
News, Security
Expo 2020 to bring UAE CCTV market to record highs
Mega-projects like Expo 2020 Dubai are fueling the UAE’s CCTV and video surveillance market to top $194 billion by 2023, according to a recent report.0 3857
Volvo turns to blockchain to ensure EV batteries are responsibly sourced
Volvo Cars has now reached an agreement with its two global battery suppliers, CATL of China and LG Chem of South Korea, and other global blockchain technology firms to implement traceability of cobalt.
Electric cars require accredited registration in UAE
The Dubai RTA has announced that the registration of electric vehicles in the emirate’s Traffic System would require the existence of an accredited agent of such vehicles in the UAE.
Saudi Arabia wealth fund injects $1 billion into Tesla rival
Saudi Arabia’s Public Investment Fund (PIF) has reportedly agreed to invest more than $1 billion in Lucid Motors, a budding competition for Elon Musk’s Tesla.
Tesla bonds investors skeptical about buyout
Investors in the debt and in the equity options of electric carmaker Tesla are betting the take-private deal described by …
Aspiring Tesla rival might land investment from Saudi PIF
Saudi Arabia sovereign wealth fund is in talks to invest in Lucid Motors, an aspiring Tesla rival, according to a …
Elon Musk “in talks” with Saudi Arabia on taking Tesla private
Tesla CEO Elon Musk reportedly said he is in talks with Musk Saudi Arabia’s sovereign wealth fund and other investors for support in taking the company private.
Autonomous vehicles will soon become a reality in Dubai: RTA
The Dubai Roads and Transport Authority, RTA, has endorsed the standards of testing electric, hybrid and self-driving vehicles, which are in line with the highest international standards applied in leading countries in this regard worldwide.
Electric cars to hit Kuwait roads soon
According to the report, the Kuwait Chamber of Commerce and Industry (KCCI) has requested all concerned authorities to provide necessary requirements for the entry of electric cars to Kuwait’s market.
Tesla to slash workforce in a “difficult but necessary” reorganisation
Tesla is slashing thousands of jobs, the firm’s CEO Elon Musk announced, as the electronic car company attempts to hit production targets and reach profitability.