Tensor, a leading agentic AI company, will debut the Tensor Robocar, the world’s first personally owned Level 4 autonomous vehicle, at the Dubai World Congress for Self-Driving Transport 2025—one of the UAE’s leading global innovation platforms. Showcasing Tensor publicly for the first time in the Middle East at the region’s premier mobility forum marks a
The BMW Group has announced senior management changes in its Sales and Finance Divisions: Jean-Philippe Parain, who currently serves as Head of the Sales Region Asia-Pacific, Eastern Europe, Middle East and Africa for the automobile major, will assume responsibility for the MINI brand as of October 1 2025. Parain brings a wealth of international experience
Brussels-based LIZY has raised an additional €10 million in equity and €65 million in debt financing to underscore its ambition and accelerate the expansion of its circular electric leasing model. The equity comes from existing shareholders D’Ieteren, Alychlo (the investment vehicle of Marc Coucke), and NewAlpha Asset Management. “For LIZY, second-hand leasing has been the
Despite political and economic uncertainties, global acceptance of electric vehicles has continued to increase over the past two years, a new study shows. Albeit with regional differences, Roland Berger’s EV Charging Index 2025 reveals that China once again reached first place in the ranking, followed by Norway and the US. Charging Infrastructure While Germany slips
Following another year of robust growth, global sales of electric cars are on track to surpass 20 million in 2025, accounting for over a quarter of cars sold worldwide, according to the new edition of the International Energy Agency’s (IEA) annual Global EV Outlook. The report shows that despite recent economic headwinds that have put
Over 100 McLaren customers and guests in 65 McLaren supercars came together for the biggest McLaren community drive ever in the Middle East. The event included a spectacular drive to Jebel Jais, the UAE’s highest peak as well as a night of celebration and glamour at the Bluewaters Forum by Delano Dubai. Automobile enthusiasts from
Toyota Motor said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries — a buyout that reportedly could cost $42 billion. “We are currently exploring various possibilities, including partial investment,” the automaker said in a filing with the Tokyo stock exchange following reports about the possible buyout.
Bentley recently posted its lowest annual revenue since the COVID pandemic struck in 2020 as the British luxury automaker faced a tough global market in 2024, but said it was pursuing “value over volume” with revenue per car up 10% versus 2023. The Volkswagen unit reported an operating profit for 2024 of 373 million euros ($407
An ambitious project to connect Dubai’s most densely populated areas will see the emirate partnering with Elon Musk. The announcement of the project named ‘Dubai Loop’ came on Day 3 of the World Government Summit (WGS) 2025 during a session when Musk was speaking virtually with Omar Al Olama, UAE’s Minister of State for Artificial
Sanjay Takale, a seasoned motorsport champion with a career spanning over two decades, has made an indelible mark in global racing, from his early days in rural India to triumphs in prestigious events like the FIA Motorsport Games and the Asia-Pacific Rally Championship. After transitioning from professional motorbike racing to rally motorsports in 2012, Takale
