South Korea's Hyundai Motor Co (005380.KS) and affiliate Kia Corp (000270.KS) on Monday forecast that their combined global sales will jump 12.1% in 2022, even as last year's sales fell short of target due to a global chip shortage. The companies sold 6.67 million vehicles in 2021, about 3.7% less than their combined target of 6.92 million vehicles, largely due to supply problems including the chip shortage, which drove down vehicle shipment. They said they would target global sales of 7.47 million vehicles this year. "In 2022, Hyundai Motor plans to expand its market share and strength ..read more

  South Korea's Hyundai Motor Co (005380.KS) slightly missed analysts' profit estimates as the global chip crisis drove down vehicle shipments and it said it expects it will take a long time to get back to normal chip supplies. Hyundai, which together with affiliate Kia Corp (000270.KS) is among the world's top 10 automakers by sales, reported a net profit of 1.3 trillion won ($1.10 billion) for the July-September quarter. In the same period a year earlier it posted a loss of 336 billion won when it was hit by a one-time expense related to engine quality issues and recalls. The profit was ..read more

  Tesla delivered more than 300,000 units in the fourth quarter of 2021 alone, a key factor in pushing sales to unprecedented highs. Tesla has announced it delivered almost one million electric vehicles (EVs) across the world in all of 2021, significantly improving its own target of increasing deliveries by 50%. Tesla delivered 936,000 EVs in all of last year, nearly double of what it had in the preceding year. According to reports, Tesla Model 3 and Model Y were the most popular EVs from the US manufacturer with 911,208 units of both being sold. This was followed by 24,964 units of Model ..read more

  South Korean automaker Hyundai has finally revealed the design of the Ioniq 6 electric vehicle based on the 2020 Prophecy EV concept. This is what the first Apple car could have looked like. Hyundai notes that the Ioniq 6 offers an ultra-low drag coefficient of 0.21 thanks to its low nose and active air dams. An elliptical wing-like spoiler and a slightly shaped tail also help make it more aerodynamic. By comparison, most modern cars have an average drag coefficient of 0.25 or 0.3. The interior of the Ioniq 6 feels like a cocoon finished with eco-friendly materials such as eco-l ..read more

  One of the largest producers of oil in the world, UAE has a huge network of petrol stations spread across all the emirates. There are also many petrol stations in Dubai along the key roads offering fast and effective services. Today, we bring you a list of some of the fuel stations in Dubai to make it easy for you to plan your next road trip. LIST OF THE BEST PETROL STATIONS IN DUBAI Along with petrol, Liquefied Petroleum Gas (LPG), diesel, and gas oil are also available at almost all of the fuelling stations in Dubai.  This list of petrol pumps offers different types ..read more

  To support the UAE’s move towards enhancing sustainability and using alternative resources, many automobile companies are rolling out various models of electric cars in the UAE. Slowly replacing the mainstream petrol cars that work using an internal combustion engine, these energy-efficient cars are becoming popular with motorists across the country. If you are keen on adopting a more environment-friendly lifestyle, here are some of the companies offering electric cars in the UAE. TOP AUTOMOBILE COMPANIES WITH ELECTRIC CARS IN THE UAE Until a few years ago, not many automobile bran ..read more

  Electric vehicles (EVs) seem to be making a breakthrough in the UAE as part of the country’s efforts to introduce sustainable initiatives. A welcome perk of owing said vehicles is the presence of numerous electric car charging stations in Dubai. From the benefits of electric cars to the locations of charging destinations throughout the emirate, our guide has everything you need to know. There are several places to charge an electric car in Dubai  BENEFITS OF ELECTRIC VEHICLES  What’s not to like about electric cars? Let’s look at some of the key benefits. Cheaper ..read more

Specifications InMotion V10F: Brand ‎ InMotion Color Black Dimensions ‎24.55 x 16.57 x 20.81 in Weight 45.41 Pounds Warranty ‎ 1 year Suggested Users ‎ Unisex Adult InMotion V10F has an excellent design when it comes to portability. The electric unicycle looks tremendous and has self-balancing technology to assist you while riding. Also, this device has an active cooling system that keeps the motor cool and ensures a smooth ride. Features Of InMotion V10F Advanced In-app Statistics You can connect this Best E ..read more

  The Blaupunkt Enno fat folding electric bike is the latest pedelec from the stables of Blaupunkt. It has wide 20-inch tires and a range of 80km on a full charge. The Blaupunkt Enno is currently available in Germany for €1,899 ($2,006).   The Enno fat folding e-bike has a rear-mounted electric motor that can propel you up to speeds of 25km/h. The e-bike can be folded in multiple places, including the pedals and handlebars. It comes with a quick-release mechanism to help unfold the bike when needed. The dimensions of the Blaupunkt Enno is 1,000 x 500 x 750mm in its folding position ..read more

  According to the "China Entrepreneur" report, Zhou Hongyi, chairman and CEO of 360 company, responded to the matter of "giving up the capital increase in Nezha," saying that Nezha Auto is still a startup company and needs to let the founder team lead the company Development, not completely capital-led. Still, now the founder team has too little equity. The positioning of 360 is also to support and assist the team.   360 announced on June 26 that it planned to invest 2.9 billion yuan in Nezha Auto with its funds. According to the signed Equity Transfer Agreemen ..read more