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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. The deal will start with an initial commitment of at least 50,000 vehicles with the option to purchase 50,000 additional cars over the same period.

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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated market will reach an equilibrium with higher commodity prices by 2018 and U.S. by Haley Zaremba for Oilprice.com. What I don’t hear people asking is, ‘then what?’

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My journey to and on the Mauritanian Iron Ore Train

Plug Me In

It started in 2016 when I set myself a small challenge: how do you travel without money and in an electric car from the Netherlands to Australia ? It took me 17 days to reach the United Arab Emirates, and my route went through fascinating places like the Kurdish region of Iraq, Jordan, and Saudi Arabia. ’ Exhausted?

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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

Around the six Gulf states, together with oil majors Saudi Arabia and the United Arab Emirates, electrical vehicles account for simply 0.4% Chery Car Co. s top class Zeekr emblem have began promoting in Israel and planning to make bigger into extra international locations within the patch, together with Qatar and Bahrain.