Tesla takes on Gulf gas guzzlers

  • Page Views 778
  • Electric carmaker Tesla announced the opening of a new Gulf headquarters Monday in Dubai, aiming to conquer an oil-rich region better known for gas guzzlers than environmentally friendly motoring.

    Elon Musk, the co-founder and chief executive of the American firm seeking to revolutionise the electric car market, was in the affluent city state to oversee the launch of the Gulf sales push.

    “The time seems to be good to really make a significant debut in this region starting from Dubai,” Musk told the World Government Summit under way in the emirate.

    Dubai’s official Media Office said that Musk met UAE Prime Minister  Sheikh Mohammed bin Rashid al-Maktoum, who welcomed Tesla’s decision to set up its regional headquarters in the city state.

    Sheikh Mohammed, who is also the ruler of Dubai, instructed local authorities to provide Tesla “with the services and logistic support” it needs, said the Media Office.

    Dubai is one of seven emirates that make up the United Arab Emirates.

    Once a sleepy fishing town, it has evolved into a regional business hub and a tourist magnet, thanks to huge investments in luxury resorts and shopping malls.

    The emirate, seen as the most diversified in the Gulf, has a population of 2.5 million people, most of them expatriates.

    Despite a state-of-the art metro, many people in Dubai and across the energy-rich Gulf region prefer to get around in SUVs or other luxury cars known to burn a lot of petrol.

    Official figures released by Dubai’s Roads and Transport Authority in 2015 showed that the number of vehicles in Dubai had doubled over the past eight years, leaving the Gulf emirate with more cars per person than New York or London.

    If that trend continues, the number of vehicles registered could reach 2.2 million by 2020, when the emirate is due to host the Expo international trade fair.

    Tesla announced last year plans to build self-driving technology into all its electric cars.

    “My guess is probably that in 10 years it will be very unusual for cars to be built that are not fully autonomous,” Musk told the Dubai summit on Monday.

    “I think almost all cars built will be capable of full autonomy in about 10 years.” (MS)

    Share

    New Posts Recently publish post More

    • 19 June 2017
      5 days ago No comment

      Canada ready to help Philippines in Marawi crisis

      Canada stands ready to assist the Philippines deal with the crisis in Marawi City. This comes as more civilians and troops are affected by the lingering armed conflict in the southern city between security forces and Islamist rebels. “We stand ready to help… Normally, we would respond to a ...

    • 19 June 2017
      5 days ago No comment

      E-vehicle industry lauds exemption from excise tax

      The electric vehicle industry expects to benefit from its exemption from the higher excise taxes to be slapped on automobiles, the group of e-vehicle makers said. In a letter submitted to the Senate committee, the Electric Vehicle Association of the Philippines (EVAP) expressed its gratitude to both Houses for ...

    • 19 June 2017
      5 days ago No comment

      Customs warned on surge in car smuggling

      Sen. Sherwin Gatchalian has warned the Bureau of Customs to prevent the possible surge in car smuggling when additional excise taxes are imposed on the sale of luxury vehicles. Gatchalian, chairman of the Senate committee on economic affairs, said some players in the automobile industry are likely to engage ...

    • 19 June 2017
      5 days ago No comment

      Canada is Turning 150: Celebrate with a Trip to a Bank Near You

      The Canada 150 commemorative bank note is now making its way to a financial institution near you. On 1 July, Canada will celebrate 150 years of Confederation, and the Bank of Canada is marking this milestone with a special $10 bank note. It came into circulation officially on 1 ...

    • 17 June 2017
      7 days ago No comment

      How did you overcome smoking struggles?

      I had to learn different skills to cope with stress.” “I missed the social aspects of smoking.”  “I’d relapse and have to work up the nerve to try again.” These were just a few of the hurdles that former smokers said they had to overcome in order to kick ...

    %d bloggers like this: