Hong Kong’s Templewater eyes Middle East opportunities for growing clean energy sector

Hong Kong’s Templewater eyes Middle East opportunities for growing clean energy sector

Hong Kong private-equity manager, Templewater, sees significant opportunities in connecting Asia’s fast-growing electric vehicle (EV) and energy-storage industries with Middle Eastern markets seeking clean-energy solutions as the region shifts away from oil reliance. Templewater, which this month held a signing ceremony in Hong Kong with Omani sovereign wealth fund Future Fund Oman for the launch…

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file photo the audi e5 sportback the first model of audi s series of electric vehicles evs jointly developed with saic is showcased at a volkswagen event in shanghai china april 22 2025 reuters zoey zhang file photo

China’s EV tech forces globals to license for speed.

When Audi executives first encountered the Zeekr 001 in 2021—a long-range electric vehicle with European styling—it served as a stark wake-up call for the premium German automaker. Chinese technology was needed to compete with Chinese rivals. “The Zeekr 001 back then shocked quite everyone,” said Stefan Poetzl, president of SAIC Audi Sales and Marketing. “We…

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BMW eyes Chinese market revival with new EV lineup

BMW eyes Chinese market revival with new EV lineup

BMW (BMW.DE) expects to regain momentum in its largest market, China, through the all-electric Neue Klasse lineup. The series, marking a major transformation of the company’s portfolio, was officially launched this week with its first model, News.Az reports, citing Reuters. “We are more than competitive with this product,” Chief Financial Officer Walter Mertl told…

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'[People] swarmed into a Tesla store'

‘[People] swarmed into a Tesla store’

The newly released Tesla Model Y L is generating significant interest in China, drawing crowds of potential buyers to showrooms to check out the latest electric vehicle in Tesla’s lineup, as Teslarati reported. The new model is an extension of the existing Model Y lineup, offering six seats as opposed to the Model Y’s five,…

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'Rooted in our racing heritage'

‘Rooted in our racing heritage’

Legendary sports car maker Ferrari has sparked excitement among automotive enthusiasts with news of the company’s first all-electric vehicle, which is slated to hit showrooms in fall 2026, according to an article in CleanTechnica. “The first electric Ferrari will be rooted in our racing heritage and will draw from a broader technical reservoir while preserving…

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