Remove International Remove Motors Remove Oil Remove Saudi Arabia
article thumbnail

Lucid Motors announces first international plant in Saudi Arabia

Teslarati

Lucid announced that its first international plant will be located in Saudi Arabia. The Arizona-based EV manufacturer estimates that its plant in Saudi Arabia could increase Lucid’s value by up to $3.4 Credit: Lucid Motors). The new international plant is expected to produce 150,000 vehicles per year.

article thumbnail

Lucid Group, Saudi Arabia agree to 100,000 EV fleet deal

Teslarati

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. LucidMotors announces deal with Government of Saudi Arabia for purchase of up to 100,000 vehicles over a ten-year period.

article thumbnail

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. The Hyundai Motor Group. Earlier post.).

article thumbnail

Hyundai Motor and Saudi Aramco to collaborate on hydrogen, advanced non-metallic materials and future technologies

Green Car Congress

Hyundai Motor Company signed a memorandum of understanding (MOU) with Saudi Arabian Oil Company (Saudi Aramco). The companies will also team-up to expand the adoption of non-metallic materials across a wide range of applications, including the use of carbon fiber and carbon fiber-reinforced plastic. Earlier post.)

article thumbnail

New self-propelled robotic device pinpoints leaks in pipes more accurately than existing methods

Green Car Congress

Researchers at MIT and King Fahd University of Petroleum and Minerals (KFUPM) in Saudi Arabia have devised a robotic system that can detect leaks in gas, oil and water pipelines at a rapid pace and with high accuracy by sensing a large pressure change at leak locations. Chatzigeorgiou, D.; Youcef-Toumi, K.; Ben-Mansour, R.

MIT 231
article thumbnail

Behind the Wheel, Under the Hood of World’s First 500-Mile EV

Cars That Think

Whether Lucid Motors will succeed in the brutally competitive auto business remains an open question. Step on the accelerator, and the 1,111-horsepower Lucid sprints ahead like the cartoon Roadrunner, leaving most internal-combustion cars looking like hapless Wile E. Lucid plans additional factories in Europe, China and Saudi Arabia.

Miles 145
article thumbnail

Building a Zero Trust Security Model for Autonomous Systems

Cars That Think

Just last year, a half dozen precisely targeted malicious drones managed to slow oil production in Saudi Arabia for days, and more recently, several low-cost drones caused significant damage to oil tankers in the UAE. In 2017 IFIP/IEEE International Conference on Very Large-Scale Integration (VLSI-SoC), pp.

Building 127