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Russia

Kyrgyzstan announces strengthened control over Russia’s re-export trade

2023-07-26 6095
Introduction: In recent times, there have been speculations regarding the possibility of products supplied to Russia through certain countries, including Kyrgyzstan, facing sanctions due to Russia’s military actions...
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Uzbekistan

Understanding the Surprising Rise, Not Fall, of New Energy Electric Vehicle Prices in Central Asia

2023-07-25 6392
The prices of new energy electric vehicles (NEEVs) in Central Asian countries have remained notably higher than domestic ones, and this trend may persist until market supply and...
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Uzbekistan

Emerging Trends in Uzbekistan’s Electric Vehicle Import Market

2023-07-25 7384
Uzbekistan has emerged as a frontrunner in Central Asia’s electric vehicle import market. The country’s remarkable growth in brand diversity, competitive pricing, and rising import numbers has set...
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Uzbekistan

China’s Yutong Inaugurates Car Service Center in Uzbekistan

2023-07-25 8082
On July 11, 2023, Yutong Corporation, a prominent Chinese automaker, launched its latest 12-meter bus model, the Yutong ZK6128H, in Samarkand, Uzbekistan. The event also marked the grand...
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Russia

Chinese Automakers Secure 50% Share of Russia’s Auto Market

2023-07-24 6695
Chinese carmakers have significantly increased their presence in the Russian auto market, capitalizing on the departure of Western carmakers following the Ukraine invasion. In June, approximately 40,000 Chinese...
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Russia

Russia to Seize Parallel-Imported Cars and Heighten Vigilance against Counterfeit Used Car Exports

2023-07-24 6470
Recently, the Federal Customs Service of the Russian Federation has launched a special operation to crack down on the illegal trade of vehicles imported from Kyrgyzstan and Armenia...
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United Arab Emirates

BYD, China’s Electric Vehicle Manufacturer, Prepares EV Atto 3 to Compete with Tesla in the UAE

2023-07-23 7072
Dubai: China’s BYD, in partnership with Al-Futtaim, has emerged as the biggest competitor to Tesla in the electric vehicle (EV) market in the UAE. They have recently launched...
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United Arab Emirates

Optimized English title: UAE Cabinet Approves Testing Self-Driving Vehicles on Its Roads

2023-07-23 6231
Abu Dhabi: The UAE has granted the first-ever license for self-driving cars to operate on its roads, following approval at a Cabinet meeting chaired by His Highness Sheikh...
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United Arab Emirates

Driving in the Fast Lane: Six Reasons Chinese Car Brands Thrive in the UAE

2023-07-23 7161
Over the past few years, Chinese car manufacturers have gained significant visibility on UAE’s roads. Glasgow Research & Consulting experts have identified six reasons contributing to the success...
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United Arab Emirates

Musk: Tesla Cars to Become More Affordable Amidst ‘Challenging Times’

2023-07-23 7091
Tesla CEO Elon Musk Signals Further Price Reductions Amidst Turbulent Times On Wednesday, Tesla CEO Elon Musk indicated that he would once again lower prices electric vehicles amidst...
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Egypt

2023 Policy in Egypt: Over 42,000 Applications Received for Tax-Free Car Import Initiative Aimed at Expats

2023-07-22 11012
Minister of Finance Mohamed Maait revealed that a remarkable 42,000 applications have been submitted for the tax-free car import initiative designed for expats. So far, the initiative has...
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Egypt

Simplified Car Importation for Egyptians Abroad: Exploring the Tax-Free Initiative

2023-07-22 10241
For years, Egyptians living abroad have faced challenges in importing their vehicles to Egypt, dealing with customs, taxes, and various complications. However, in October 2022, the Egyptian cabinet...
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