NBK Capital Partners Mezzanine Fund II has closed a US$10mn financing facility with mobility fintech Moove, Uber’s exclusive vehicle supply partner in Africa
Vehicles
IVECO’s new truck range provides increased productivity, safety and comfort
IVECO have launched the T-Way and S-Way trucks in the Middle East and Africa market which provide increased productivity, safety and comfort
Volvo XC40 P8 Recharge hits South African roads
The Volvo XC40 P8 Recharge has been spotted on South African roads, marking the local arrival of the Swedish firm’s first all-electric vehicle (EV)
Liebherr launches three wheel loaders
Liebherr has launched three largest wheel loaders in the wheel loader series with the new L 550, L 566 and L 580 models
EVs: Battery-grade lithium price set to rise 50% within a year
Electric vehicle (EV) producers and suppliers could be facing a major cost headache starting this year as prices for battery-grade lithium are poised to skyrocket, according to a Rystad Energy analysis