INSEAD Day 4 - 728x90

EREVs

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.
  • The generator, known as a range extender, is connected to the cars' batteries and feeds them only when needed. Since it is not connected to the wheels, the vehicles, known as EREVs, always run in 100% electric mode even though they consume petrol and emit toxic gases.