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Benchmark: Saudi Arabia is building an EV battery supply chain

Green Car Congress

Saudi Arabia has cut a number of deals recently that coud make the country’s lithiu-ion supply chain the most developed in the Middle East, according to an analysis by Benchmark Mineral Intelligence. The Saudi processing plant will process spodumene from a mine that European Lithium is developing in Wolfsberg, Austria.

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Candela Supplies Electric Hydrofoil Ships To Saudi Arabia’s NEOM

Electric Cars Report

In a landmark deal, the Candela P-12, the world’s first electric hydrofoil ship, will service the planned water network in NEOM, the gigantic, sustainable development taking shape in Northwest Saudi Arabia.

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EV Metals Group signs FEED Agreement for development of lithium chemicals plant in Saudi Arabia

Green Car Congress

EVM is building a global battery chemicals and technology business with the development of the first integrated Battery Chemicals Complex at Yanbu Industrial City in the Kingdom of Saudi Arabia. Under the FEED agreement, the scope of work will focus on the non-process infrastructure, utilities and port infrastructure.

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Saudi Arabia Pursues Lithium to Fuel EV Ambitions – ET Auto

Baua Electric

Saudi Arabia is focused on obtaining lithium from abroad for its electric vehicle (EV) ambitions, according to a senior minister. Minister of Industry and Mineral Resources Bandar Alkhorayef stated in an interview that attempts to secure domestic supplies were in early stages.

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Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility

Teslarati

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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Saudi Arabia partners with Foxconn on new EV brand

Teslarati

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.

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.