Automobile

At EES Europe 2026, SVOLT Energy Technology officially consolidated its global strategic positioning by presenting a unified, full-scenario energy storage portfolio. Marking its most significant international deployment since SNEC 2026, the company’s rollout provides systematic infrastructure solutions for residential, commercial and industrial (C&I), utility-scale, and artificial intelligence data center (AIDC) applications. Rather than deploying isolated hardware variants, SVOLT’s entire next-generation …

GULF TIME Volkswagen Al Nabooda Automobiles has handed over a fleet of vehicles to the UAE Pro League, reinforcing a partnership that has run without interruption since 2009. It ranks as one of the longest strategic partnerships in UAE sport between an automotive brand and a professional association football league, which reflects a commitment that has deepened as UAE football …

ABU DHABI / GULF TIME Al Masaood Automobiles (AMA), the trusted and exclusive Nissan distributor in Abu Dhabi, Al Ain, and the Al Dhafra Region, has been honoured with the prestigious Nissan Global Award 2025. This award recognises the company’s exceptional performance and significant contribution to Nissan’s growth and excellence during the 2024 fiscal year (April 2024 – March 2025). …

DUBAI/GULF TIME Against the backdrop of a global pickup market long dominated by international giants like Toyota and Ford, Chery has introduced an all-new pickup model—HIMLA. Equipped with a powerful diesel engine and a spacious, versatile cabin, HIMLA is designed to meet the core demands of overseas users, offering a fresh choice in the mid-to-large size pickup segment. Debuting at …

ABU DHABI / GULF TIME NIO, a global leader in premium smart electric vehicles, sets a new benchmark in intelligent mobility in the Middle East. With a full-stack suite of smart computing, software, and sensing technologies, all NIO vehicles are purpose-built for performance, safety, and adaptability. At the heart of NIO’s digital intelligence is ADAM, its advanced central computer cluster, …

DUBAI / GULF TIME In a strategic expansion set to redefine the future of premium transport, SelfDrive Mobility—the region’s largest mobility tech company and leading car subscription and rental platform—officially announced the launch of OTO, a next-generation chauffeur-driven service. Seamlessly blending advanced technology, sustainable mobility, and luxury vehicles, OTO is now live across the UAE, Qatar and Bahrain, offering an elevated …

ABU DHABI/WAM Emirates Development Bank (EDB) has provided AED1.12 billion in financing to the food security sector, representing 8% of its total cumulative financing. Since the launch of its new strategy in April 2021, EDB’s total financing has reached AED14.72 billion, reflecting the strategic importance the bank places on this critical sector. By supporting food security, EDB seeks to cultivate …

ABU DHABI / GULF TIME HONGQI, the leading luxury automotive manufacturer from China, and ALTAWKILAT, the authorised dealer of HONGQI in the United Arab Emirates, announced the arrival of the latest addition to its prestigious line-up, the HONGQI HS3, marking the model’s first appearance in the UAE in Yas Mall for a 5-day display. This luxury mid-sized SUV is set …

BLOOMBERG General Motors Co plans to brings its GMC truck brand to China to help boost the automaker’s flagging fortunes in the world’s largest car market. Sales of its Yukon large SUV will begin there this year, followed by GMC’s expansion to Australia and New Zealand in 2025, GM said in a statement. China remains a critical market for automakers, …

BLOOMBERG Sweden’s Volvo Car AB saw its target price cut by more than a third to a new street low after analysts at SEB AB scrubbed the value they assign to the company’s 48% stake in struggling EV maker Polestar. Volvo Car’s new target price of 28 Swedish kronor per share follows “sizable estimate cuts” and “no longer attributing a …