The investment includes $1 billion to upgrade company’s existing US manufacturing facility and $700 million to build a new high-voltage battery assembly facility
Electromobility
Latest in Electromobility
e-mobility
German giant Hager to focus on electro-mobility in Middle East
Hager is also sewing up an aggressive market expansion strategy in the power sector with a slew of product launches in the region, where the electricity demand is set to triple by 2050 in comparison to 2018
audi
German giants Hager and Audi to jointly launch vehicle-to-home network in Middle East market
Hager-Audi combine’s new initiative is expected to have huge market significance for the region, with electromobility catching up pace and experts predicting that 15% of all vehicles will be equipped with an electric power train in 2025
Al Nabooda Automobiles
In pictures: All-new Porsche Taycan electric car goes on sale in the UAE
Available in three variants comprising the 4S (AED431,800), Turbo (AED601,800) and Turbo S (AED781,800), the Taycan writes a new chapter in Porsche’s 70-year history as it welcomes in the era for electromobility for the luxury sports car manufacturer.
