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European Lithium signs binding term sheet with Obeikan for hydroxide plant in Saudi Arabia

Green Car Congress

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

Teslarati

Lucid announced it had officially signed agreements with the Ministry of Investment of Saudi Arabia (“MISA”), the Saudi Industrial Development Fund (“SIDF”), Emaar, The Economic City, at King Abdullah Economic City (“KAEC”), and Gulf International Bank (“GIB”).

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Why Saudi Arabia Is Investing So Heavily In Motorsport

InsideEVs

Arguably no country in the world is investing more in motorsport currently than Saudi Arabia. F1 has signed a long-term contract with Saudi Arabia to host F1 and ultimately the race will run on a new purpose-built circuit that is being developed in Qiddiya.

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Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia

Green Car Congress

Is this a relatively short term event like 2008, or a longer term slump like the one in the mid 1980’s? The US shale oil industry faces an implacable foe in the current crisis: Saudi Arabia. In the end, who will win the oil price battle, Saudi Arabia or US capitalism and shale producers?

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Jimmie Johnson’s Legacy Motor Club joins Extreme E, but Nascar champ will miss the first X Prix

Electrek

Legacy Motor Club will make its Extreme E debut at the upcoming Desert X Prix event in Saudi Arabia, but Johnson won’t be there… but he has a pretty decent excuse.

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Audi RS Q e-tron scored 14 stage podiums at 2023 Dakar Rally

Electric Cars Report

The Audi RS Q e-tron with its electric drive concept scored a total of 14 podium results on 15 event days including the prologue. In addition, the Audi drivers led the rally in Saudi Arabia […] The post Audi RS Q e-tron scored 14 stage podiums at 2023 Dakar Rally appeared first on Electric Cars Report.

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Extreme E kicks off this weekend with first electric off-road race in the desert

Electrek

Extreme E , the new electric off-road racing series, begins this weekend with its inaugural race, the Desert X Prix, in the deserts of Al-‘Ula, Saudi Arabia. local Saudi time) and will be streamed to some but not all territories. The race itself happens on Sunday at 10 a.m. – 12 p.m. UTC (3 a.m. PDT, 6 a.m.