Gargash Group and Mercedes-Benz Mobility invest in Blackline

Blacklane, the leading global chauffeur services provider, has partnered with Gargash Group, one of the leading business conglomerates in the UAE, as its most recent investor, alongside long-time backer Mercedes-Benz Mobility also joined the round.

Through this partnership with Blackline, the two companies will invest millions of dollars, which will give the company a valuation that is approximately 50 percent higher than the previous valuation for the year 2020.

Blackline has witnessed unprecedented growth in its market share over the past months through new investments, which will focus on converting its fleet to electric vehicles instead of fuel vehicles, and the company will also work to meet the growing needs of customers.

Gargash Group and Mercedes-Benz Mobility invest in BlacklineThe Middle East market is one of the most important markets for Blacklane, to improve its services and thus expand its presence globally.

Gargash Enterprises and Mercedes-Benz Mobility are supporting the acceleration of Blacklane’s ability to transition to electric vehicles, as well as the provision of its services around the world.

While Gargash Enterprises brings its expertise and local knowledge to sustainability, Mercedes-Benz Mobility provides Blacklane with world-class electric vehicles, for the ultimate mobility service experience.

Mercedes-Benz Mobility, which has been investing in Blackline since 2013, owns a brand share of more than 50 percent of Blackline’s global fleet.

In this context, Jens Wohltorf, CEO and founder of Blacklane, stated: “Dubai is an important gateway for international customers, a commercial and economic city, hungry for innovation, and committed to sustainability.”

For his part, Shihab Gargash, CEO of Gargash Group, said: “The Gargash Group is witnessing the remarkable development of Blackline, and believes that its strategic direction is largely in line with the group’s vision for the future. For this purpose, we decided to invest in Blackline.”

Praga chooses Dubai to launch its supercar, the Bohema.

Praga, one of the leading Czech companies in the production of cars, announced its move to the UAE market for a period of three months, to launch its new supercar, Bohemia, with sports specifications and licensed to run on public roads, and to all.

The first public presentations of the car began. With a majestic launch party in Dubai. The first appearance of the demo version witnessed the presence of a group of supercar collectors. And the most famous global media networks.

After that, the company held special offers for the car. Over two days at the famous Yas Marina Circuit in Abu Dhabi. In partnership with the official distributor of “Praga” in the UAE, which specializes in racing cars. It is the “Dragon Racing” company, as part of the Curbstone Events GT1 racing program at the sports club. This was followed by participation in the “Dubai Autodrome” program. To make more presentations over the course of another day.

Praga chooses Dubai to launch its supercar, the Bohema.Mark Harrison

Mark Harrison, Director of Sales and Marketing and CEO of the company, said: We have seen global interest in the supercar “Bohema”, since its launch at the end of November. But we always planned to launch the car here in Dubai. Coinciding with her arrival in the country in the winter.

He added: There is a huge interest in the supercar “Bohema”. This is thanks to the car’s unique aerodynamic design. And its staggering performance numbers. Through its engine, which has a power of 700 horsepower with a weight of less than 1000 kilograms.

It is expected that the car will enter the production stage at the end of 2023. After the disclosure of the completed production car in mid-2023, it is scheduled to produce 89 cars over a period of five years.

Toyota Motor

Toyota Motor ., the largest car producer in Japan, announced that its global production during the past month reached a record level, thanks to strong demand from customers, while warning of the uncertainty of the future, as a result of the continuing shortage in the supply of electronic chips used in the automotive industry and the high number of infections with the Corona virus. in China recently.

Bloomberg news agency quoted the world’s largest car-producing company as saying that its production last November amounted to 833,104 cars, an increase of 1.5 percent annually, while the company’s global sales increased by 2.9 percent to 796,484 thousand cars.

Toyota Motor CorpBloomberg stated that the increase in production reflects strong demand in regions such as North America and its recovery from the repercussions of the new Corona virus infections last year in Southeast Asia, which led to disruption of supply chains. The auto industry is still suffering from a shortage of chips and other auto components, while it will continue to face the challenges caused by the rapid spread of the Corona virus in various regions of China recently.

Early last month, Toyota lowered its production target for the current fiscal year, which ends on March 31, while maintaining its conservative earnings estimate due to a chip shortage.

Last November, the domestic production of Toyota factories decreased by 3.3 percent annually to 266,174 cars, while its production abroad increased by 3.8 percent to 566,930 cars.

In 2023, will Elon Musk make a difference in Tesla?

Tesla shares recorded their worst week since the beginning of Corona in March 2020. And they lost $ 85 billion in their market value due to investor doubts about the future of the electric car maker. Which is headed by billionaire Elon Musk. CEO of Twitter at the same time. According to what was published by Al-Hurra TV.

Its shares closed on Friday. at its lowest level in more than two years. This led to a decrease in its market value to less than $ 400 billion. The stock has lost 18 percent this week, according to the Financial Times.

The pressure on Tesla stock has increased in recent months due to heavy selling. Musk made to fund his $44 billion acquisition of Twitter. In addition to growing concerns about the sales outlook for its cars.

Tesla stock fell. Thursday. by 9 percent. After it said it would offer US consumers $7,500 in discounts on two of its best-selling models. An announcement that raised concerns about consumer demand. According to the newspaper.

And after that. Musk promised via Twitter that he would not sell any more stakes in it for at least a year. He said he was also open to the idea of buying back these shares.

 TeslaElon Musk and 2022

He sold Musk, who recently descended from the position of the richest man in the world. Nearly $23 billion in stock since he announced his $44 billion acquisition of Twitter. Despite his promise in April to stop doing so. He has sold stakes in Tesla three times. This angered major investors, who felt Musk was abandoning the automaker to focus on his new company. Twitter.

The year 2022 will remain engraved in Elon’s memory, even if he tries to forget some of its details and events. As much as this year was full of many successes he achieved. It was also stormy for him because of the financial losses he suffered and the legal battles he fought. According to a Reuters report.

Hyundai “Ioniq 6” electric

Hyundai Motor Company announced that its electric car, the IONIQ 6. It will provide a range of up to 614 km on a full battery charge. In accordance with World Classified Light Vehicle Testing Procedures (WLTP). Which is the world’s most reliable standard for single-charge travel tests.

Hyundai Motor said, in a statement, that “IONIQ 6 customers will benefit from the (Hyundai Motor Group) commitment to developing advanced battery technology that enables stress-free driving performance. And a long range of 614 km. With a WLTP-rated power consumption of 13.9 kW/100 km.

هيونداي أيونيك 6General specifications

IONIQ 6 benefits from its advanced engineering architecture based on the Global Electricity Platform (E-GMP). which enables low wind resistance of the electric liner. And a very low drag coefficient (air resistance) while driving, which is (0.21), the lowest in the history of the company’s cars. And one of the lowest rates in the auto industry in the world.

The platform (E-GMP) also provides optimal electrical performance coupled with ultra-fast charging (800V). So that battery levels can be charged from 10 to 80% in 18 minutes.

The IONIQ 6 comes with advanced and innovative aerodynamic elements in terms of structure. Like moving air holes. Wheel air curtains. and an integrated rear spoiler and wheel gap reducers that reduce the space between the front bumper and the tires while driving. This greatly improves aerodynamic performance.

The streamlined design was positively reflected in the car’s long wheelbase. Thus obtaining a spacious cabin. It allows cabin passengers to enjoy the comfort and luxury factors.

World Classic Car Race: UAE

World Classic Car Racing is one of the most popular types of motor racing in UAE. The world evolved and car pioneers become followers of different types of global car racing. To exemplify, Formula One and Fast and Furious are some of them. However, this global race for classic cars finds its echo as well. It got a great importance that is no less important than the importance and of modern races. This race is a thousand mile experience. Therefore, these events held with the support of the Media Identity Office for the UAE. The celebration coincided with the December anniversary of the Golden Jubilee, the fifty years since the founding.

World Classic Car Race: UAEOutstanding International Routs

This race reflects the extent of preparation and readiness of the UAE roads that connect its seven emirates. This race characterized by distinguished media coverage consisting of no less than 6,000 journalists worldwide. Accordingly, this indicates the importance of the race, which represents a kind of unified tourism among the people scattered around the world. They come to watch the enrichment of the field of tourism and other things. Not only that, but it covers more than 1,000 media outlets. The organization of this unique global race reflects the capabilities of the UAE to host such global-events.

And since lately, the thousand-mile race has turned into the most important race in the world. The cars that compete in this race characterized by efficiency, power and super speed. What distinguishes this race is the use of classic cars. Accordingly, holding this race in the United Arab Emirates reflected a great regional and global interaction. And thanks to the organization of these events. The UAE become a successful and distinguished destination in holding international races. It has the ability to accommodate the huge numbers of car racing fans.

When will the oil run out?

When will the oil run out?. So، let’s go back to the beginning. Oil will not run out soon, and it is not expected to run out soon. Despite the speculation of pessimists. They place the “top” of the chart around 2015, with a maximum production estimated at thirty thousand million barrels per year. Production is on its way down to 15 thousand million barrels per year, by the year 2050.
We also find other forecasts based on IEA models. And it goes on to clarify some investments for which the agency itself sets figures for the next thirty years. With 22 billion dollars, according to the daily consumption measurement of more than ninety million barrels per day. Some raise it to 116 million. There is a high probability that the available reserve will reach three billion. Or, with a weak possibility, it may reach four billion. And the sloped graph line up to the year 2100.
Thus, the peak of production and the level of its decline depend on two completely different points of view. Where can be placed the years 2012 -2015. Or at a point approaching the years 2030-2040. According to the approved point of view.
But none of this exempts humanity from the golden rule. She seems to be stubbornly ignoring it until now. Namely, the natural resources of our Earth are not infinite. And its management is not exclusive to our generation. Rather, we have to take into account the interests of future generations. The rest is covered by our financial capabilities and the extent of our superiority.

Rolls-Royce unveils a surprise in Dubai

Rolls-Royce has unveiled the Six Elements collection to build six exclusive Phantoms, in collaboration with international artist Sacha Jeffrey.
The company said. We initiated cooperation with our partners, Rolls-Royce Motor Cars Dubai and Rolls-Royce Motor Cars Abu Dhabi. To embark on a distinguished journey in partnership with the international artist, Sasha Jeffrey. To build six exclusive and awesome Phantoms. Cesar Habib said. Regional Director for Rolls-Royce Motor Cars in the Middle East and Africa: “This exclusive and unique collection is the result of a close and sincere collaboration between our brand and artist Sacha Jeffrey. The Phantom is our coolest car. It is designed as a whiteboard. It can be turned into a Phantomstunning work of art. This project is the perfect example of this huge potential. We are excited to see these extraordinary cars come to life.
For his part, said Torsten Müller-Ötvös, CEO of Rolls-Royce Motor Cars. The Rolls-Royce Phantom Six Elements is the result of an exceptional collaboration that pushes all boundaries. And he combined art and craftsmanship in a wonderful way. The series was officially unveiled at an amazing and special evening in Dubai. It was attended by clients, dignitaries and artist Sasha Jaffryey.

 

Autos Maintenance: Common Mistakes

There is no doubt that many car owners and drivers take care of maintaining their cars. They do this to avoid many morning dangers. However, there are lot of important points that they should take into account when carrying out maintenance. It is worth noting that many of those who perform maintenance miss some of those important things. To add up more, maintenance plays a major role in increasing autos’ efficiency. And it plays an important role in prolonging autos’ life span. It makes them last for so long. Errors in maintenance affect performance leading to accidents as well as greatly reducing the life of the car. Among the maintenance problems: neglecting to change the oil, cleaning the engine excessively. Furthermore, the additional reasons are: worn out tires, non-original spare parts. Last but not least, the other reasons are: ignoring brake maintenance, and finally not changing the air filters.

Autos MaintenanceProlonged Used Oil Engine

`Failure to change the engine oil in a timely manner plays a major role in the deterioration of engine performance. Thus, it impacts it negatively. Changing this oil on time, reduces heat and gets rid of impurities that increase friction. Failure to do so, will reduce the efficiency of the engine and damage it quickly in a short time. Secondly, it is true that engine cleanliness is very important. However, technicians should do cleanliness reasonably and they should not exaggerate in doing so. Moreover, appropriate and excellent detergents must be used. One of the wrong things is that some people exaggerate in cleaning the engine parts is this. They use dish detergents and other cleaners that are not suitable for car engines. Excessive cleaning leads to cracking of some engine parts as well as hoses. All in all, applying the previous maintenance instructions is pretty vital.

38-Dubai-Racing-Team: Kartdrome – 24 Hours Endurance

Kartdrome the 24 hours endurance race involves 38-Dubai-Racing-Team competing to win autos’ race crowing. It relates to Dubai Kartdrome Championship. The tournament held in two days of the month of December 10 and 11. This weekend used to hold this race, which requires the participants to endure 24 hours. Furthermore, these 24 hours involves intense racing, and endurance of a lot of hardships. Interestingly, this race includes thousands of car racing fans looking forward to watching. This is the final round in this race and this championship sponsored by AR Motors. This race represents the most important calendar in the region in motorsports. It is worth noting that 150 participants will aspire to win the title in this race. Moreover, the total number of these contestants is 38 teams, fully prepared to participate in the tournament. This makes the competition very strong.

Dubai-Racing-Team: KartdromeLots of Benefits

Among the many benefits offered by this race is the opportunity for both local and international drivers. This opportunity enables them to meet various nationalities and ethnicities to participate. Above all, they will test their abilities, and compete in global competitions that include many international drivers. Openness to a hybrid world is another advantage the local contestant will reap. This hybrid world distinguished by cosmopolitan atmosphere. Creating such a competitive atmosphere helps an ideal environment for preparing and qualifying local racing teams.

To add more, it will enable them to practice racing in a global environment. This helps them to run in many international competitions and bring many cups to the Emirates in the near future. Not only that, this allows the UAE in the near future to host more global car racing championships, just as Qatar had the opportunity to host the 2022 World Cup for motor racing.