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

Teslarati

Delivering up to 100,000 Lucid electric vehicles in Saudi Arabia represents another pivotal moment in our acceleration of sustainable transportation worldwide,” Lucid Group CEO Peter Rawlinson said. “We The commitment was made after Lucid accepted a financing package worth over $1 billion from the Saudi Pacific Fund in 2018.

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

Teslarati

The agreements not only solidify the plans for the manufacturing plant, which is Lucid’s first outside of the United States, but also locks in funding, financing, and incentive plans to make the project possible. Lucid Group will receive up to $3.4 That target has been moved up to 155,000 per year.

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Exclusive: Fast-forwarding green trucking | Autocar Professional

Baua Electric

Riding on its current success — the sale of roughly 400 units in FY23 — the company aims to quadruple its sales within a year and is also working on an electric version of its trucks, to position itself as a leader in sustainable transportation solutions. Adoption will speed up if this can be tackled. So our strategy is simple.

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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

Green Car Congress

DOE will also advance research and development for sustainable hydropower technologies, as well as technologies that harness energy from wave and tidal resources. Leverage increased private sector financing for deployment of “all of the above” energy technologies.

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And the EVA Board candidates are…

Electric Auto Association

Kate plans to utilize her time on the EVA board to encourage young adults to understand the benefits of more sustainable transportation and help to develop an EVA scholarship to support students exploring green energy technology. And I want to introduce our own "Introduction to Electric vehicles" course or workshop for newbies.

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Career Opportunities in the Electric Vehicle Industry

Get Electric Vehicle

In the case of India, the cost of oil imports, rising pollution, and international pledges to combat global climate change are the most important driving factors of the country’s investment in this shift to electric mobility. We all are aware of the paradigm shift happening in the global automotive industry.

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The Benefits of EVs and Why They’re Here to Stay

Blink Charging

Electric cars aren’t just beneficial for your finances; they also bring remarkable convenience to your ownership experience. In 2022 alone, a whopping 10 million EVs were sold , showing how people are choosing greener transportation as their primary source of transportation. The EV Network The EV market is booming.