Mullen Automotive Advances Global Expansion with Volt Mobility Partnership in Dubai

Mullen Automotive is making strides in its global expansion with its partnership with Volt Mobility, focusing on the UAE market. The company is preparing for the delivery of its first electric cargo vans and trucks in September 2024 and has announced plans for a larger order in 2025. Mullen’s subsidiary, Bollinger Motors, is also preparing for the launch of its B4 Chassis Cab electric truck, with production starting this week and deliveries beginning in October 2024.

Sharp Unveils Innovative Electric Vehicle Prototype: The LDK+

Sharp has partnered with its parent company Foxconn to create the LDK+, a unique EV prototype that blends traditional car features with a versatile, room-like interior. This collaboration highlights Foxconn’s ambition to dominate the EV market and emphasizes the growing importance of cars as personal spaces in a future dominated by autonomous driving.

NIO Surges on Strong Q2 Earnings, Exceeds Delivery Targets

Chinese electric vehicle (EV) maker NIO exceeded revenue and delivery expectations in the second quarter, driven by strong demand for its premium EVs. The company also reported a significant improvement in gross margin, indicating its growing profitability. Despite the recent decline in its stock price, NIO’s strong Q2 performance suggests a positive outlook for the company.

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