article thumbnail

ZeroAvia completes another successful financing round led by Airbus and NEOM in Saudi Arabia

Electrek

Hydrogen-electric plane developer ZeroAvia has snagged some additional financial security as it looks to continue development of its zero-emissions flight technology that should one day enable flights in 76-seat aircrafts.

article thumbnail

Aramco to explore hydrogen-powered vehicle business with Gaussin

Green Car Congress

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.

article thumbnail

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.

article thumbnail

Saudi Arabia Plans Emission Cuts.That Don't Reduce Fossil-Fuel Use

Green Car Reports

Saudi Arabia may be one of the most oil-rich nations on the planet, but even this Middle Eastern country is planning to cut its carbon emissions. That's because as other countries work to reduce oil consumption, the Saudi government is worried about what effect efforts to combat climate change will have on its national economy.

article thumbnail

Lucid Gravity SUV, Fisker platforms, Saudi Arabia’s EV brand: Today’s Car News

Green Car Reports

Saudi Arabia is getting its own electric vehicle brand, with help from Foxconn and BMW. Fisker is shopping around its platforms, and the possibility of emissions credit sales. And the Lucid Air Pure will soon be fully detailed—with Gravity SUV news to boot. This and more, here at Green Car Reports.

article thumbnail

Aramco awards $10B in contracts for vast Jafurah shale gas field development

Green Car Congress

In late November, the Saudi Arabian Oil Company (Aramco) announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas field in the Kingdom of Saudi Arabia. It will make Saudi Arabia one of the world’s largest natural gas producers.

article thumbnail

Aramco and Stellantis collaboration indicates eFuel compatibility with 24 European engine families produced since 2014 (Euro 6)

Green Car Congress

The use of low-carbon eFuel has the potential to reduce carbon dioxide emissions from existing internal combustion vehicles by at least 70% on a lifecycle basis, compared to conventional fuels. We are exploring all solutions to reinforce our ambitious strategy of becoming a carbon net zero company by 2038.

2014 321