Of all the cars to imitate, the Tesla Cybertruck wouldn't place very high up the list of obvious ones to do.
After all, the Cybertruck isn't even rolling off the production line just yet.
But that is what Chinese car technology company IAT has gone for with its T-Mad concept pickup truck, which was shown off at the recent Guangzhou International Automobile Exhibition.
The vehicle, an electric pickup, looks just as futuristic as the Cybertruck and it's expected to have a range of about 800km, which could be extendable with a larger battery pack.
It has four doors which open to reveal a cabin that can have different configurations with chairs that can swivel.
Images showed a front driver's seat which could turn, two centre-cabin seats to each side and then a larger rear seat which faces the front of the vehicle.
The exterior features a large plastic front bumper, plus two tow hooks.
Further details are yet to be announced.
Electric vehicles are growing in size, with more and more SUVs now entering the market
S&P Global Mobility expects drivers around the world to snap up 10 million EVs in 2023 — almost 14 per cent of the entire market — but they won’t come cheap, amid inflation and supply chain pressures.
When is the Tesla Cybertruck due?
First unveiled back in 2019 to great fanfare, the Tesla Cybertruck has been hit by delays since.
However, Tesla chief executive Elon Musk said late last year that the company was in the “final lap” of work on the vehicle, which will go into production in the middle of this year.
Last October, preparations were said by Tesla executives to be continuing at the Giga Texas factory, and were at the “tooling” phase. This involves setting up the assembly line ahead of production commencing.
The Cybertruck has been designed to have the pull of an off-road vehicle, while maintaining the speed of a high-end sports car.
It has “a nearly impenetrable exoskeleton, every component is designed for superior strength and endurance, from ultra-hard 30X cold-rolled stainless-steel structural skin, to Tesla armour glass”, according to the Tesla website.
“We have more orders of the first Cybertrucks than we could possibly fulfil for three years after the start of production,” Mr Musk said last May.
The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
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What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.