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Published on May 6, 2025

Lucid Q1 Earnings: Revenue Miss, Smaller-Than-Expected Loss, EV Maker Reaffirms FY25 Production Guidance Of 20,000 ...

Lucid Group Inc LCID reported financial results for the first quarter after the market close on Tuesday. Here’s a look at the key metrics from the quarter. Q1 Earnings: Lucid reported first-quarter revenue of $235.05 million, missing analyst estimates of $ …

Source: Benzinga - Neutral
Published on May 6, 2025

Why Gas Prices Could Fall Below $3 This Summer, According to Experts

We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more. Some forecasters say that pump prices are poised to drop below $3 in …

Source: Money Magazine - Puerto Rico - Neutral
Published on May 6, 2025

Tabuk becomes first Saudi city to launch electric buses under public transit project

Saudi Gazette report TABUK — Prince Fahd bin Sultan, Emir of Tabuk Region, inaugurated on Tuesday the operational phase of the city’s new public bus transit system — marking the Kingdom’s first implementation of electric buses within a public …

Source: Saudi Gazette - Indeterminate
Published on May 6, 2025

Hydrogen Fuel Cell Buses Tested in Makkah in Saudi Push Toward Zero-Emission Mobility

Makkah, Saudi Arabia — Here’s something you don’t see every day: a sleek, quiet hydrogen fuel cell bus gliding through the bustling streets of one of the world’s most sacred cities. But that’s exactly what’s happening in Makkah right now, where a …

Source: Hydrogen Fuel News - Indeterminate
Published on May 6, 2025

Adnoc Distribution Q1 profit up 16% on network growth and Saudi expansion

Adnoc Distribution, the UAE’s largest fuel and convenience retailer, posted a more than 16 per cent annual rise in its first-quarter profit, boosted by its growth in Saudi Arabia. Net profit attributable to equity holders in the three months ended March 31 …

Source: The National News - Pro-Government
Published on May 6, 2025

Adnoc Distribution's network growth and Saudi expansion fuel 16% profit jump

Adnoc Distribution, the UAE’s largest fuel and convenience retailer, posted a more than 16 per cent annual rise in its first-quarter profit, boosted by its growth in Saudi Arabia. Net profit attributable to equity holders in the three months ended March 31 …

Source: The National News - Pro-Government
Published on May 6, 2025

Lucid (LCID) plans to double EV production this year, even with tariffs

Lucid Motors (LCID) reported first-quarter earnings on Tuesday, reaffirming its plans to more than double EV production in 2025. Despite the threat of new tariffs, the EV maker expects to continue building momentum after another record quarter. In the …

Source: Electrek - Pending
Published on May 5, 2025

Realigning US-Saudi relations for the AI era

As Saudi Arabia accelerates its transformation into a global technology powerhouse, the United States has a pivotal opportunity to redefine its partnership with the kingdom. Moving beyond the traditional oil-for-security framework, a new partnership …

Distribution channels: Politics
Published on May 5, 2025

Automechanika Riyadh 2025 showcases how future skills are influencing the evolution of the automotive industry in Saudi ...

Digitalisation, electric vehicle adoption, and artificial intelligence are reshaping Saudi Arabia’s automotive workforce needs Automechanika Academy highlights the critical role of skills development in achieving the Kingdom’s Vision 2030 mobility goals …

Source: I News Cayman - Pending
Published on May 5, 2025

Insights: Preparing for the future of auto distribution

Image courtesy: DP World/ Used for illustrative purposes The GCC automotive sector is going through fundamental changes. Reflecting global trends, people now buy cars in a different way, want a different relationship with the distributor, and are …

Source: Gulf Business - Neutral
Published on May 5, 2025

Lucid and Saudi Arabia’s KAUST announce strategic partnership to advance EV technology leadership and grow autonomous ...

Lucid Group, Inc., maker of the world’s most advanced electric vehicles, and King Abdullah University of Science and Technology (KAUST), a leading academic and research institution focused on science and technology innovation with regional and global …

Source: Automotive World - Neutral
Published on May 5, 2025

Lucid and Saudi Arabia's KAUST Announce Strategic Partnership to Advance EV Technology Leadership and Grow Autonomous ...

Partnership leverages growing resources in the Kingdom of Saudi Arabia to advance key areas in Lucid's technology roadmap while progressing the country's vision for sustainable mobility KING ABDULLAH ECONOMIC CITY, Saudi Arabia, May 5, 2025 / …

Source: WFMZ - Pennsylvania - Neutral
Published on May 5, 2025

OPEC+ Output Increase Triggers Oil Price Drop Amid Global Demand Concerns

(MENAFN- The Arabian Post) Arabian Post Staff -Dubai Oil prices fell sharply following OPEC+'s decision to boost output, sparking fears of a global supply glut as demand struggles under the weight of ongoing trade tensions. The agreement reached at the …

Source: MENAFN - Indeterminate
Published on May 4, 2025

‘US tariffs don’t hurt’: Chongqing’s car sector a bright spot amid trade turmoil

CHONGQING – The US wants its tariffs to squeeze Chinese trade. Yet one sector has so far remained unfazed: car exports from south-western manufacturing hub Chongqing. Industry players tell The Straits Times that Chongqing’s strong transport links to Asia …

Source: The Straits Times - Pro-Government
Published on May 6, 2025

Top 9 sustainability trends in the attractions industry for 2025

Ahead of greenloop 2025, blooloop’s annual conference focusing on sustainability in visitor attractions, we take a look at some of the top trends to watch in the industry. From measuring Scope 3 emissions to regenerative tourism projects, climate-conscious …

Source: Blooloop - Center-left
Published on May 3, 2025

The world this week | India, Pak ties hit another low after Pahalgam terror attack, New Delhi, Ottawa to reset strained ...

Speculation doing the rounds about potential Indian military action over Pahalgam terror attack, haze around the US-China tariff negotiations cleared, India and Canada to bring strained ties “back on track”, Indian Navy gets Rafale boost, the US and …

Source: The Indian Express - Center-left
Published on May 6, 2025

ANOTHER STRONG START TO THE YEAR SUSTAINED BY PRODUCT MIX

Net revenues of Euro 1,791 million, up 13.0% versus prior year, with total shipments of 3,593 units Operating profit (EBIT)(1) of Euro 542 million, up 22.7% versus prior year, with Operating profit (EBIT) margin of 30.3% Net profit of Euro 412 million and …

Distribution channels: Automotive Industry, Media, Advertising & PR ...
Published on May 2, 2025

Imad Khalili makes an impression for Saudis

Wherever the wandering career of Imad Khalili takes him, there are goals. The Al Shabab attacking midfielder, a formidable threat to Al Jazira as the UAE club take on the Saudis at Riyadh in the Asian Champions League tonight, is in the form of his life. …

Source: The National News - Pro-Government
Published on May 2, 2025

Lower Oil Prices Lead to Growth Slowdown Across the Middle East

By Editorial Dept - May 02, 2025, 9:30 AM CDT Numbers Report – May 02, 2025 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig …

Source: Oil Price - Neutral

05 days 18:47:13

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Published on May 6, 2025 - 14:00 GMT

Electric Vehicle Charging Station Market to Escalate USD 221.18 Bn by 2034, says Towards Automotive Analysts

Ottawa, May 06, 2025 (GLOBE NEWSWIRE) -- The global electric vehicle charging station market size was valued at USD 38.26 billion in 2024 and is predicted to hit around USD 221.18 billion by 2034, a study published by Towards Automotive a sister firm of …

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Published on May 6, 2025 - 13:33 GMT

The Hidden Benefits of Owning an Electric Vehicle

IRVINE, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- Electric vehicles (EVs) provide significant environmental and health advantages compared to gas and diesel-powered cars. They reduce emissions, improve air quality, and offer luxury features, like quieter …

Distribution channels: Automotive Industry, Media, Advertising & PR ...

Published on May 7, 2025 - 07:30 GMT

Automotive Sensors Market to Reach USD 52 Billion by 2035, Driven by ADAS and Electrification Surge

The automotive sensors market is growing rapidly, driven by ADAS, electrification, safety mandates, and autonomous vehicle advancements. NEWARK, DE, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- The global automotive sensors market is poised …

Distribution channels: Automotive Industry ...
Published on May 6, 2025 - 19:53 GMT

Premier Auto Protect Expands Extended Warranty Plans to Address Rising Vehicle Repair Costs in 2025

Premier Auto Protect expands extended warranty plans to help drivers manage rising vehicle repair costs in 2025 with comprehensive coverage. NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- As vehicle repair costs surge, Premier Auto Protect …

Distribution channels: Automotive Industry ...

Published on May 6, 2025 - 17:51 GMT

Auto Warranty Companies See Surge as Repair Costs Skyrocket

Auto Warranty Reviews notes a surge in demand for auto warranty companies as vehicle repair costs rise, offering drivers tools to compare coverage. NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- According to the U.S. Bureau of Labor …

Distribution channels: Automotive Industry ...
Published on May 7, 2025 - 07:16 GMT

ProLogium Collaborates with Kyushu Electric on Next-Gen Batteries for Heavy Machinery

TAIPEI, Taiwan, May 07, 2025 (GLOBE NEWSWIRE) -- ProLogium Technology, the global leader in LCB-based next-generation battery innovation, today announced a strategic partnership with Japan’s Kyushu Electric Power. Together, the two companies will co- …

Distribution channels: Companies, Energy Industry ...
Published on May 5, 2025 - 15:07 GMT

Nova Bus helping drive transition to sustainable mobility, as its 100% electric bus achieves a key compliance

SAINT-EUSTACHE, Quebec, May 05, 2025 (GLOBE NEWSWIRE) -- Nova Bus is proud to announce that its LFSe+ 100% electric bus meets all the requirements of the latest SAE J3105_202305 standard, a must-have for the future of electric mobility in the short term. …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 6, 2025 - 16:23 GMT

Fumed Alumina Market Set to Reach USD 4,568 Million by 2035, Driven by 8.1% CAGR

MD, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- The global fumed alumina market is expected to reach USD 4,568 million by 2035, up from USD 1,939 million in 2024. During the forecast period (2025 to 2035), the industry is projected to grow …

Distribution channels: Chemical Industry ...

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Published on May 7, 2025 - 08:47 GMT

leagend’s Battery Testers with Advanced Thermal-Printing Solutions Set a New Standard in Precision Diagnostics

leagend today announced the launch of three new additions to its industry-leading battery-tester portfolio: leagend BA4000, leagend BA1000 and leagend BA2000 SHENZHEN, GUANGDONG, CHINA, May 7, 2025 /⁨EINPresswire.com⁩/ -- leagend today announced …

Distribution channels: Automotive Industry, Electronics Industry ...
Published on May 7, 2025 - 07:38 GMT

The Intelligent Leader Podcast Explores the Power of AI in Supply Chain Management with Cummins’ Prateek Shrivastava

In this episode, Infocepts' Shashank Garg and Cummins’ Prateek Shrivastava discuss real-world use cases and how to embed AI for real, scalable business impact. VA, VA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- The latest episode of …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on May 7, 2025 - 07:30 GMT

Automotive Sensors Market to Reach USD 52 Billion by 2035, Driven by ADAS and Electrification Surge

The automotive sensors market is growing rapidly, driven by ADAS, electrification, safety mandates, and autonomous vehicle advancements. NEWARK, DE, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- The global automotive sensors market is poised …

Distribution channels: Automotive Industry ...
Published on May 7, 2025 - 01:35 GMT

Soriano Motori Corp and Gyre9 Launch SORIANO9 (S9): A New Era in Motorcycle Innovation

A U.S.-Based Collaboration to Develop Advanced Electric and Endothermic Motorcycles, Designed in Italy, Built in America NEW YORK, NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- A U.S.-Based Collaboration to Develop Advanced Electric and …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 6, 2025 - 21:33 GMT

AAlimousine Worldwide Enhances NYC Airport Transport Amid Rising Demand

As JFK & Newark airports see an 18% passenger increase, AAlimousine Worldwide upgrades its limo services with real-time flight tracking and premium amenities. BROOKLYN, NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- AAlimousine …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 6, 2025 - 21:03 GMT

2025 Providence Maritime Welding Competition Showcases Student Talent and Career Pathways in Shipbuilding

PMFG's Maritime Welding competition brought together students, educators, and industry leaders highlighting opportunities in shipbuilding & manufacturing. PROVIDENCE, RI, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- The 2025 …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 6, 2025 - 19:53 GMT

Premier Auto Protect Expands Extended Warranty Plans to Address Rising Vehicle Repair Costs in 2025

Premier Auto Protect expands extended warranty plans to help drivers manage rising vehicle repair costs in 2025 with comprehensive coverage. NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- As vehicle repair costs surge, Premier Auto Protect …

Distribution channels: Automotive Industry ...
Published on May 6, 2025 - 19:23 GMT

KPIT acquires Caresoft Global to deliver Cost-Optimized Innovative Engineering solutions for Trucks, Off-highway OEMs

NOVI, MI, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- • Strengthens KPIT's commercial vehicle vertical by combining Caresoft’s deep relationships and domain knowledge in trucks and off-highway segments • Accelerate KPIT’s foray into …

Distribution channels: Automotive Industry ...
Published on May 6, 2025 - 19:08 GMT

Southern California Industries Trust Interstate Advanced Materials Los Angeles for Expert Machining

Interstate Advanced Materials Los Angeles supports Southern California businesses with machining services designed to improve efficiency and reduce costs. LOS ANGELES, CA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Interstate Advanced …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 7, 2025 - 07:00 GMT

XING Mobility Unveils High-Power 1MWh Immersion-Cooled Energy Storage Cabinet at EES Europe Ultra-Fast Discharge, ...

MUNICH, May 07, 2025 (GLOBE NEWSWIRE) -- XING Mobility, a global leader in immersion-cooled battery systems, officially launched its latest energy storage innovation, the XBE1000 1MW BESS Cabinet, at EES Europe in Germany. With a total energy capacity of 1 …

Distribution channels: Automotive Industry, Media, Advertising & PR ...
Published on May 6, 2025 - 18:00 GMT

Revopoint Trackit Tracking 3D Scanner is Launching on Kickstarter Soon

Discover the efficiency of marker-free 3D scanning with the Revopoint Trackit Optical Tracking 3D Scanner. CA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Revopoint, a global leader in professional 3D scanning solutions, announces the …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 6, 2025 - 17:51 GMT

Auto Warranty Companies See Surge as Repair Costs Skyrocket

Auto Warranty Reviews notes a surge in demand for auto warranty companies as vehicle repair costs rise, offering drivers tools to compare coverage. NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- According to the U.S. Bureau of Labor …

Distribution channels: Automotive Industry ...
Published on May 6, 2025 - 16:12 GMT

Northwest Collision Center Now Mazda Certified

Northwest Collision Center is now certified by Mazda for collision repair, ensuring factory-approved standards and OEM part usage. ST. PETERSBURG, FL, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Northwest Collision Center has been …

Distribution channels: Automotive Industry, Business & Economy ...
Published on May 6, 2025 - 15:52 GMT

My Auto Doctor Joins Motorist Assurance Program to Promote Honest Auto Repair in Odessa, TX

My Auto Doctor joins the Motorist Assurance Program to reinforce transparency, improve service standards, and build customer trust in Odessa, TX. ODESSA, TX, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- My Auto Doctor Joins Motorist …

Distribution channels: Automotive Industry, Business & Economy ...
Published on May 6, 2025 - 15:44 GMT

Everrati Launches 'Artisan' – An Immersive Luxury Design Experience Allowing Clients To Build Their Dream Car

LONDON, UNITED KINGDOM, May 6, 2025 /⁨EINPresswire.com⁩/ -- Everrati, a globally-recognized international technology company specializing in redefining iconic cars with state-of-the-art electric powertrains, is adding another layer of luxury and …

Distribution channels: Automotive Industry, Business & Economy ...
Published on May 6, 2025 - 15:34 GMT

Parma Car Care Joins Automotive Maintenance & Repair Association

Parma Car Care strengthens its industry alignment by joining the Automotive Maintenance & Repair Association (AMRA), reinforcing its commitment to standards. PARMA, OH, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Parma Car Care, a full- …

Distribution channels: Automotive Industry, Business & Economy ...
Published on May 6, 2025 - 15:30 GMT

Loc8NearMe Honors Indy Auto Man Among the Best Businesses in Indianapolis

The Indy Auto Man service and repair center in Indianapolis was recognized as the best in 2025 by the Loc8NearMe independent rating platform. INDIANAPOLIS, IN, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- The Loc8NearMe independent online …

Distribution channels: Automotive Industry, Business & Economy ...
Published on May 6, 2025 - 15:15 GMT

Rockin’ Good Times Ahead as Goodguys Rod & Custom Rolls into Nashville for the 19th BASF Nashville Nationals, May 16-18

Get Ready for Rockin’ Good Times as Goodguys Rod & Custom Rolls into Nashville for the 19th BASF Nashville Nationals, May 16-18 FORT WORTH, TX, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Goodguys Rod & Custom Association, the …

Distribution channels: Automotive Industry, Culture, Society & Lifestyle ...
Published on May 6, 2025 - 13:00 GMT

OttoMoto® and Axos Bank Unveil Game-Changing Automotive Lending Partnership at MeridianLink Live 2025

ORLANDO, FL, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- OttoMoto, the leading embedded lending platform, today announced a strategic partnership with Axos Bank to revolutionize the automotive lending experience. This collaboration, revealed …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 6, 2025 - 10:00 GMT

MRT Unveils 'King of the Hill' Axle-Back Exhaust for Jeep® Plug-in Hybrid Wrangler 4XE: Performance Meets Sustainability

MRT Engineered Performance has released a performance exhaust system for the Jeep® 4XE hybrid, improving the sound and the driving experience. PLYMOUTH, MI, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- MRT Engineered Performance, the renowned …

Distribution channels: Automotive Industry, Manufacturing ...