Electric Cars Report

OCTOBER 26, 2023

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 Saudi Arabia. PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%.

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Electric Cars Report

AUGUST 6, 2024

billion investment from its largest shareholder, Saudi Arabia’s Public Investment Fund (PIF). The funding will be used to accelerate production of the highly anticipated Gravity SUV and support the construction of a new Saudi Arabian factory with an […] The post Lucid Secures Additional $1.5

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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.

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Electrek

SEPTEMBER 27, 2023

Lucid Motors has officially opened the first-ever EV manufacturing plant in Saudi Arabia. more… The post Lucid (LCID) just became the first EV maker to open a manufacturing plant in Saudi Arabia appeared first on Electrek.

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Electric Cars Report

OCTOBER 17, 2023

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 Saudi Arabia.

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Green Car Congress

JUNE 2, 2023

Australia-based European Lithium Limited signed a binding term sheet for the joint development and operation of a lithium hydroxide processing plant in Saudi Arabia with Obeikan Group to convert lithium concentrate into lithium hydroxide.

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Green Car Reports

JANUARY 8, 2021

Lucid Motors is in talks to build an electric-car factory near Jeddah, Saudi Arabia, Bloomberg first reported Thursday. Oil-rich Saudi Arabia sounds like one of the last places on earth for an EV plant, but under.

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Electrek

JANUARY 25, 2023

Canoo (GOEV) is making good on its promise to bring EVs to everyone with a new distributor partnership that will expand its network to Saudi Arabia. more… The post Canoo (GOEV) is bringing its EVs to Saudi Arabia with new exclusive distributor partnership appeared first on Electrek.

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Electrek

SEPTEMBER 18, 2023

According to a new report from the Wall Street Journal , Tesla and Saudi Arabia 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.

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Baua Electric

NOVEMBER 7, 2024

Ahead of its EV blitz, Ford is currently the fastest-growing auto brand in Saudi Arabia. Ford sees sales surge in Saudi Arabia with EVs en route More people are buying Ford’s vehicles in The Middle East than ever. Ford said it’s currently the fastest-growing auto brand in Saudi Arabia.

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Innovation News Network

JANUARY 13, 2023

The UK Government has established a partnership with Saudi Arabia to strengthen the country’s critical minerals supply chains. The post Critical minerals partnership struck between the UK and Saudi Arabia appeared first on Innovation News Network.

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Green Car Congress

FEBRUARY 8, 2022

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. —Eng.

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Electrek

JULY 18, 2023

Lucid’s EVs are now available for lease for the first time in Saudi Arabia. more… The post Lucid (LCID) EVs are available for lease for the first time in Saudi Arabia appeared first on Electrek. American EV maker Lucid Motors (LCID) is expanding overseas.

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Electric Cars Report

JANUARY 29, 2023

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 Saudi Arabia.

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Baua Electric

APRIL 28, 2024

Saudi Arabia is focused on obtaining lithium from abroad for its electric vehicle (EV) ambitions, according to a senior minister. He emphasized the importance of lithium in the supply chain and expressed confidence that Saudi Arabia couldn’t afford to overlook it.

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

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Electrek

DECEMBER 1, 2021

Urban Air Mobility (UAM) developer Volocopter announced a joint venture with the sustainable development of NEOM in Saudi Arabia 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.

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Teslarati

NOVEMBER 3, 2022

Saudi Arabia’s Crown Prince Mohammad bin Salman bin Abdulaziz and Prime Minister/Chairman of the Public Investment Fund (PIF) announced the launch of Ceer, a new electric vehicle brand. Ceer will significantly contribute to Saudi’s automotive manufacturing sector. The Teslarati team would appreciate hearing from you.

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Teslarati

MARCH 1, 2022

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 Lucid chose KAEC as the location of its international plant in Saudi Arabia. Credit: Lucid Motors).

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Electrek

NOVEMBER 3, 2022

Saudi Arabia, 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 Saudi Arabia is launching its own EV brand with its oil money appeared first on Electrek.

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Baua Electric

JUNE 14, 2024

When my Travel story about Saudi Arabia was published online last week, some readers bristled. But in the context of Saudi Arabia, I can understand why readers wonder. The post Why Cover Saudi Arabia as a Travel Destination? Why did the kingdom deserve our attention? We simply don’t do it.

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Green Car Reports

MARCH 1, 2022

Lucid Group announced Monday, just before a business update, that it has signed a deal for a factory in Saudi Arabia.

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Teslarati

MARCH 25, 2024

Hyundai will run pilot tests with its electric vehicles (EVs) and hydrogen fuel cell cars to boost ultraluxury tourism in Saudi Arabia. Red Sea Global is owned by the Public Investment Fund of Saudi Arabia, which is in charge of developing the country’s tourism.

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Electrek

SEPTEMBER 21, 2023

The latest financing round featured some familiar names as well as some leading investments from Airbus, Barclays, and Saudi Arabia’s “living laboratory,” NEOM. more… The post ZeroAvia completes another successful financing round led by Airbus and NEOM in Saudi Arabia appeared first on Electrek.

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InsideEVs

JUNE 9, 2023

The EV startup is reportedly sending hundreds of cars to Saudi Arabia from its factory in Arizona on a weekly basis.

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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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CN EV Post

MAY 9, 2024

Skyworth Auto has signed a 10-year partnership agreement with Saudi Arabia's KAG, with the first phase of a five-year partnership having a business plan worth RMB 10 billion ($1.38 billion).

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InsideEVs

APRIL 27, 2022

The Government of Saudi Arabia will buy 50,000 Lucid EVs initially, with an option to purchase up to an additional 50,000 units.

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Electrek

AUGUST 9, 2021

more… The post EGEB: Oil kingdom Saudi Arabia 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.

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Baua Electric

SEPTEMBER 29, 2023

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.

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Electrek

APRIL 26, 2022

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia and its Ministry of Finance. Under the terms of the agreement, the Government of Saudi Arabia 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.

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CN EV Post

DECEMBER 12, 2022

Enovate will form a joint venture with Saudi Arabia's Sumou Holding to build a production and R&D base in Saudi Arabia with an annual capacity of about 100,000 NEVs. The post Chinese EV startup Enovate to build production base in Saudi Arabia with annual capacity of 100,000 units appeared first on CnEVPost.

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Green Car Reports

JANUARY 8, 2021

And Lucid might build cars in Saudi Arabia. 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.

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Green Car Congress

MAY 13, 2015

Saudi Arabia continues to ratchet up production, taking market share away from US shale producers. According to OPEC's latest monthly oil report , Saudi Arabia boosted its oil output to 10.31 In other words, as Saudi Arabia ramps up, US shale is being forced to cut back. by James Stafford of Oilprice.com.

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Green Car Congress

AUGUST 15, 2018

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. Saudi Arabia, 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.

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Green Car Congress

DECEMBER 5, 2021

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.

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InsideEVs

AUGUST 5, 2024

That's on top of another $1 billion investment earlier this year. It should help the EV startup get the Gravity SUV off the ground.

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