This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Australia-based Avass Group recently signed an agreement with SaudiArabia to jointly manufacture electric vehicles and lithium batteries. The agreement bolsters Avass Group’s plans to mass manufacture full electric buses and lithium batteries in Saudi.
Lucid Motors is in talks to build an electric-car factory near Jeddah, SaudiArabia, Bloomberg first reported Thursday. Oil-rich SaudiArabia sounds like one of the last places on earth for an EV plant, but under.
The Saudi Arabian Oil Company (Aramco) signed five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin , a pioneer in clean and intelligent transport solutions.
SaudiArabia 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.
Urban Air Mobility (UAM) developer Volocopter announced a joint venture with the sustainable development of NEOM in SaudiArabia to design, implement, and operate the world’s first bespoke public eVTOL mobility system. The initial order is for 15 Volocopter aircraft that will begin initial operation in the next two to three years.
Australia-based European Lithium Limited signed a binding term sheet for the joint development and operation of a lithium hydroxide processing plant in SaudiArabia with Obeikan Group to convert lithium concentrate into lithium hydroxide.
Lucid Motors has officially opened the first-ever EV manufacturing plant in SaudiArabia. more… The post Lucid (LCID) just became the first EV maker to open a manufacturing plant in SaudiArabia appeared first on Electrek.
The Crown Prince of SaudiArabia has launched Ceer, the first Saudi electric vehicle brand, as part of a push to diversify the economy of the oil rich country.
Canoo (GOEV) is making good on its promise to bring EVs to everyone with a new distributor partnership that will expand its network to SaudiArabia. more… The post Canoo (GOEV) is bringing its EVs to SaudiArabia with new exclusive distributor partnership appeared first on Electrek.
And Lucid might build cars in SaudiArabia. Two tech giants possibly pairing up with major automakers could change the shape of electric vehicles and mobility later in the decade. This and more, here at Green Car Reports.
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 SaudiArabia. Under the FEED agreement, the scope of work will focus on the non-process infrastructure, utilities and port infrastructure. —Eng.
The rivalry between SaudiArabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. SaudiArabia, OPEC’s largest producer, has been boosting oil production to offset supply disruptions elsewhere, including the anticipated loss of Iranian oil supply after U.S.
SaudiArabia is set to launch a Lucid Air police cruiser, as highlighted in a recent preview of a defense conference starting this weekend. The automaker also began delivering the Lucid Air in SaudiArabia last June , and in 2022 the company announced a fleet deal for 100,000 EVs over a ten-year span.
more… The post EGEB: Oil kingdom SaudiArabia launches its first wind farm, the Middle East’s largest appeared first on Electrek. Tesla now offers price matching, so it’s important to shop for the best quotes. Click here to learn more and get your quotes. — *ad.
To cut and push up prices or not to cut and preserve market share, this is the question that SaudiArabia is facing ahead of this year’s December OPEC meeting. SaudiArabia is not an exception. At the same time, SaudiArabia is in a major push to diversify its revenue streams and has committed a lot of money to it.
According to a new report from the Wall Street Journal , Tesla and SaudiArabia are in early talks about building an electric vehicle factory in the country, and the latter is dangling some cobalt from the DRC as an incentive.
On June 9th, SaudiArabia decided against renewing a deal with the United States to continue trading oil in U.S. Earlier this month, news broke that SaudiArabia (the world’s largest oil producer after the U.S.) However, we’re now seeing U.S. media running stories claiming that was all phony baloney reporting.
A number of factors are pushing SaudiArabia 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.
Quantron AG, a clean tech company and specialist in sustainable passenger and freight transport, together with its partner Electromin, wholly owned by the Petromin Corporation, announced the delivery of the first 50 QUANTRON QARGO 4 EV light trucks in the Kingdom of SaudiArabia.
The Saudi sovereign wealth fund PIF (Public Investment Fund) and Hyundai Motor Company have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in SaudiArabia. PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%.
of GDP in China to nearly 6% of GDP in SaudiArabia, where, despite two cycles of price hikes, 60% of the cost of energy products and services continued to be borne by the state. SaudiArabia, for example, has “successfully reduced its long-standing discounts on fossil fuels, which, compounding over four decades, made it the world No.
Lucid Group announced today that it had reached an agreement with the Government of SaudiArabia to purchase up to 100,000 electric vehicles from the automaker over ten years. LucidMotors announces deal with Government of SaudiArabia for purchase of up to 100,000 vehicles over a ten-year period.
Lucid announced this morning that it has officially opened an electric vehicle factory in SaudiArabia, the first in the country. In March 2022 , Lucid announced that it would officially build its first international EV production facility in SaudiArabia.
Ahead of its EV blitz, Ford is currently the fastest-growing auto brand in SaudiArabia. Ford is gearing up to launch new EVs overseas as it battles for global market share. The American automaker is laying the groundwork for “an electrified future” in The Middle East.
The UK Government has established a partnership with SaudiArabia to strengthen the country’s critical minerals supply chains. The post Critical minerals partnership struck between the UK and SaudiArabia appeared first on Innovation News Network.
SaudiArabia, a country known for its oil production, announced today that it is launching its own electric car brand called Ceer in partnership with Foxconn and BMW. The post SaudiArabia is launching its own EV brand with its oil money appeared first on Electrek.
Californian high-tech advanced mobility company Canoo signed an exclusive agreement with GCC Olayan (General Contracting Company) for sale, service and distribution of Canoo fleet solutions In SaudiArabia.
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 SaudiArabia, it said. Lucid Group will receive up to $3.4
Lucid’s EVs are now available for lease for the first time in SaudiArabia. more… The post Lucid (LCID) EVs are available for lease for the first time in SaudiArabia appeared first on Electrek. American EV maker Lucid Motors (LCID) is expanding overseas.
The latest financing round featured some familiar names as well as some leading investments from Airbus, Barclays, and SaudiArabia’s “living laboratory,” NEOM. more… The post ZeroAvia completes another successful financing round led by Airbus and NEOM in SaudiArabia appeared first on Electrek.
The 400,000 b/d Jizan refinery in SaudiArabia reportedly came online in late 2021 and began exporting petroleum products earlier this year. In India, the Visakha Refinery is undergoing a major expansion, scheduled to add 135,000 b/d by 2023.
Lucid Group has announced a new agreement with long-time supporter SaudiArabia and its Ministry of Finance. Under the terms of the agreement, the Government of SaudiArabia has committed to purchasing 50,000 EVs from Lucid Motors over the next ten years, with the option to purchase an additional 50k over that same timeframe.
Musk, who spoke at the Future Investment Initiative Conference on Tuesday in SaudiArabia, said that he believes humanoid robots would have a larger global population than people by the year 2040, a major prediction from the man who has been vocal about human population collapse.
Drones attacked two key Saudi Aramco sites in SaudiArabia—the Abqaiq processing plant and the Khurais oil field—on Saturday; Houthi rebels claimed credit for the strikes. Saudi Aramco emergency crews contained the fires at the plants; the company announced the production suspension of 5.7 —Amin H.
EVM is building a global battery chemicals and technology business with the development of the world’s first integrated Battery Chemicals Complex (BCC) at Yanbu Industrial City in the Kingdom of SaudiArabia.
An example is the Helios project in NEOM, SaudiArabia, announced in July 2020, which includes the world’s largest ammonia loop (1.2 —Amy Hebert, Chief Commercial Officer of Haldor Topsoe. Topsoe is currently engaged in several projects to produce green hydrogen, green ammonia, eMethanol, and green fuels. Earlier post.).
An example is the Helios project in NEOM, SaudiArabia, announced in July 2020, which includes the world’s largest ammonia loop delivered by Topsoe. Topsoe is already engaged in several projects to produce green hydrogen, green ammonia, green methanol, and green fuels.
The work was further supported by technology experts and financial resources from leading energy companies, including Saudi Aramco, ENGIE, Equinor, ExxonMobil, Shell and TotalEnergies. A next step in the on-going development program is to install a pilot plant hydrogen generator at Saudi Aramco’s headquarter campus in Dhahran, SaudiArabia.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content