Solar EV maker Aptera plans an entry to the UAE
Aptera aims to produce 1 mn EVs by 2030
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Aptera aims to produce 1 mn EVs by 2030
The wind-powered tech aims to reduce fuel consumption in the shipping industry by up to 30%.
The firms will share equal ownership in the JV
Spain has an “anti-takeover shield” in place that grants it the right to block foreign takeover bids
The technology avoids using expensive or toxic materials and uses renewable resources.
The financial boost aims to improve energy distribution and support business innovation
The project is expected to be similar in scale and production capacity to Al-Dhafra Solar PV and Al-Ajban Solar PV
The loan will fund a solar project and BESS facility.
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