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Hyzon Motors, NEOM and Modern Group to collaborate on development of assembly facility for hydrogen-powered vehicles; up to 10,000 pa

Green Car Congress

NEOM is a $500-billion giga-project in northwest Saudi Arabia on the Red Sea. Various global corporations have already committed to invest more than $5 billion to produce green hydrogen in NEOM in the world’s largest hydrogen production plant.

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Saudi Aramco signs 12 agreements with South Korean partners worth billions of dollars

Green Car Congress

Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. —Saudi Aramco President and CEO, Amin H.

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Saudi Aramco and Air Products to build Saudi Arabia’s first hydrogen fuel cell vehicle fueling station; operational 2Q19

Green Car Congress

Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. Saudi Aramco and Air Products will establish a pilot fleet of fuel cell vehicles for which high-purity compressed hydrogen will be dispensed at the new fueling station.

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ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

Green Car Congress

Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Additional projects are under way, including new facilities at ExxonMobil’s Singapore refinery and at a joint-venture refinery in Saudi Arabia.

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HiPhi Y electrical SUV to settingup on July 15 for 52,200 USD. Nio ES6 competitor

Baua Electric

HiPhi additionally identified that the settingup will transform a global premiere with a key target market in China, Japan, the United Kingdom, Germany, Norway and Saudi Arabia. We can remind you that HiPhi is a high-end automotive logo below the Human Horizons Corporate, introduced in 2019. billion USD.

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Lucid faces difficult Q1 income questions later gradual gross sales

Baua Electric

Lucid Motors is predicted to stand tricky questions on its era when the EV startup posts first-quarter income later the marketplace akin Monday. Lucid, which is majority owned by means of Saudi Arabia’s Nation Funding Treasure, has perceivable manufacturing and supply numbers fall from the fourth quarter of 2022.

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Zeekr introduced access into Saudi Arabia, UAE, Qatar, Bahrain

Baua Electric

These days, September 29, Geely’s Zeekr logo introduced its access into Saudi Arabia, the United Arab Emirates, Qatar, and Bahrain. In Shanghai, Zeekr signed commitments with the AW Rostamani Workforce of the United Arab Emirates, the Wallan Workforce of Saudi Arabia, the Blue Pond Motors of Qatar, and the Y.Okay.