Electric Vehicles Oil Saudi Arabia 
Electric Cars Report
NOVEMBER 3, 2022
The Crown Prince of Saudi Arabia has launched Ceer, the first Saudi electric vehicle brand, as part of a push to diversify the economy of the oil rich country.
Teslarati
SEPTEMBER 27, 2023
Lucid announced this morning that it has officially opened an electric vehicle factory in Saudi Arabia, the first in the country. In March 2022 , Lucid announced that it would officially build its first international EV production facility in Saudi Arabia.
Green Car Congress
JANUARY 28, 2019
Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. The use of hydrogen derived from oil or gas to power fuel cell electric vehicles represents an exciting opportunity to expand the use of oil in clean transport.
Green Car Congress
DECEMBER 22, 2014
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.
Teslarati
APRIL 26, 2022
Lucid Group announced today that it had reached an agreement with the Government of Saudi Arabia to purchase up to 100,000 electric vehicles from the automaker over ten years. The deal will start with an initial commitment of at least 50,000 vehicles with the option to purchase 50,000 additional cars over the same period.
Teslarati
NOVEMBER 3, 2022
Saudi Arabia’s Public Investment Fund and Taiwan-based technology manufacturer Foxconn entered into a joint venture to develop and manufacture electric vehicles. Saudi Arabia’s foray into the global EV market is another step forward in its Vision 2030 goal to reduce its reliance on oil.
Teslarati
MAY 18, 2022
Lucid Group announced today that it has signed a contract with several Saudi Arabian government agencies that locks in plans for a production facility with an annual capacity of 155,000 units. billion in aggregate over the next 15 years to build the facility in Saudi Arabia, it said. Lucid Group will receive up to $3.4
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