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

Teslarati

Lucid Group announced today that it has signed a contract with several Saudi Arabian government agencies that locks in plans for a production facility with an annual capacity of 155,000 units. billion in aggregate over the next 15 years to build the facility in Saudi Arabia, it said. Lucid Group will receive up to $3.4

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Lucid Motors announces first international plant in Saudi Arabia

Teslarati

Lucid announced that its first international plant will be located in Saudi Arabia. The Arizona-based EV manufacturer estimates that its plant in Saudi Arabia could increase Lucid’s value by up to $3.4 Lucid chose KAEC as the location of its international plant in Saudi Arabia. Credit: Lucid Motors).

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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.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint. Further, it allows Middle East producers to store and transport the other energy source that they have in abundance: sunlight.

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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

Green Car Congress

Biofuels will account for 9% of global transport fuels. Transport growth is seen to slow because of a decline in the OECD. Biofuels will provide 9% of transport fuels and nuclear and hydropower will grow steadily and gain market share in total energy consumption. per year growth, and accounts for 93% of global energy growth.

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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

Green Car Congress

tonnes per capita—within the range of 6 to 19 tonnes per capita emissions of the major industrialized countries. The largest growth took place in China (+22%), Saudi Arabia (+13%) and Japan (+12%). In China, the world’s most populous country, average emissions of CO 2 increased by 9% to 7.2 tonnes per capita.

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Aramco opens R&D center in Detroit area; fuels research with focus on novel fuels/engines systems for reduced CO2

Green Car Congress

automotive industry. Nasser, President and CEO, Saudi Aramco. Specific areas of research being conducted at Aramco’s new Detroit center include fuel combustion and emissions, technology integration and strategic transport studies. —Amin H.