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In "BUSINESS"
October 06, 2018
flydubai to operate to
select destinations
October 06, 2018
Four Seasons to inaugurate first-ever private residences
October 06, 2018
SEDCO, Jeddah Traffic Department organize an awareness lecture
October 06, 2018
Abel and Concord
unveil new models
PEPSICO, the global food and beverage company, showcases how it incorporates innovative processes, sustainability and design excellence into its operations at Saudi Design Week, taking place at the King Abdulaziz Center for National Dialogue in Riyadh on Oct. 3-7, 2018. PepsiCo, the official nutrition partner for the event, has created an evocative maze installation using Aquafina bottles, which visitors will have the opportunity to interact with during the event by adding used bottles to the installation throughout the week. The maze will feature bottles that will be sent for recycling after the event, demonstrating the need to adopt more sustainable practices. PepsiCo will also use the innovative Hashtag Printer on-site, which will use user-snapped images to create a mosaic throughout...
October 06, 2018
PepsiCo launches drive for
more sustainable practices
October 06, 2018
Aramco awards extreme expansion tech to Pragma
October 06, 2018
Western Union and STC Pay enter
into partnership
October 05, 2018
World Bank warns of Latin America's 'fragile' recovery
October 05, 2018
Danske shares slide as US criminal inquiry spooks investors
PARIS — Under dazzling autumn sunshine in the heart of Paris, Marc Fiot steps out of a new Zoe, Renault's flagship all-electric hatchback, and readily declares it "the future".
Does that mean the 70-year-old retiree, who says he hasn't missed an edition of the Paris Motor Show since 1966, is ready to join what carmakers insist will be the electric revolution?
"Not right away," Fiot says. "What's stopping us is the price — it's a bit expensive for a small car."
The base price for a Zoe starts at 23,000 euros ($26,500) in France, and doesn't include battery rental costs — though the government is offering a 6,000 euro clean car rebate.
But higher costs relative to traditional vehicles are just one of the hurdles facing the industry...
October 05, 2018
'Not right away': Electric cars still have long road ahead