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Benchmark: Saudi Arabia is building an EV battery supply chain

Green Car Congress

Saudi Arabia 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.

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

Teslarati

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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Financially troubled Enovate reportedly close to getting life-saving money

CN EV Post

Image from Enovate's Weibo) Enovate Motors, the Chinese new energy vehicle (NEV) startup that announced late last year that it would build a production base in Saudi Arabia, is actually facing financial woes in its home market. The Enovate brand was officially launched in November 2018.

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Audi unveils e-tron FE05 for new Formula E season

Green Car Congress

While the rest of the car is identical for all teams, manufacturers get the opportunity to showcase their technical expertise with the drivetrain. We retained the basic concept with one gear and at the same time refined the details and manufactured all of the parts. —Tristan Summerscale, Formula E project leader at Audi.

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Report: Aston Martin Seeking Fourth CEO in Four Years

The Truth About Cars

The company’s share price has also been trending downward since 2018, though it has remained mostly flat since October of 2022. billion in revenue in 2018. While its share price took a dive in 2018, Stroll reeled in new investors and even brought the Aston Martin name back to Formula One (as a distinct entity) after a 61-year absence.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.

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Air Products to acquire Shell’s coal gasification technology business and patent portfolio for liquids (residue) gasification; coal-to-fuels in China

Green Car Congress

The ASUs are expected to be onstream in mid-2018. Air Products intends to buy back the two ASUs for approximately $100 million and supply industrial gases via pipelines to Jinmei Huayu under a long-term supply agreement, subject to finalization of a buy-back agreement and any government and regulatory approvals.

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