UD Trucks has recorded approximately 30% sales growth in the Middle East, East and North Africa (MEENA) region in 2021, continuing an upwards trend for the brand, which had experienced 6% growth in the previous year
Logistics
Electric vehicles: Battery-grade lithium are poised to skyrocket
According to Rystad Energy, this premium will gradually narrow after seasonal supply bottlenecks ease in China and a ramp-up plan in South America materialises. (Image source: Adobe Stock)
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
SAR and Uber partner to launch passenger transportation options

The service provided by SAR and Uber will boost the level of transportation for SAR passengers saving them time and effort. (Image source: Adobe Stock)
The Saudi Railway Company (SAR), in partnership with Uber, has announced the launch of a new service to facilitate the transportation of clients from SAR stations to their final desired destinations
SRTI Park launches smart warehouse project

The ready-made warehouses project represents a new addition to the group of projects incubated by the SRTI Park. (Image source: SRTI Park)
The Sharjah Research Technology and Innovation Park (SRTI Park) has announced new warehouse projects through its partnership with the private sector represented by Al Midfa Investments Group to establish and develop 15 warehouses with special technical specifications and different sizes at the SRTI Park
CNH Industrial announces publication of combined financial figures

The off-highway business?s combined financial information is prepared under US GAAP and in US dollars and is unaudited. (Image source: Adobe Stock)
CNH Industrial has announced the publication of a presentation containing combined financial figures for the period ending 31 December 2019; 31 December 2020 and 30 September 2021 for both the off-highway and on-highway businesses, in order to assist investors in understanding the impact of the Demerger