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Hyundai Motor Company to build automotive plant in Saudi Arabia

Electric Cars Report

The Saudi sovereign wealth fund PIF (Public Investment Fund) and Hyundai Motor Company have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia. PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%.

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Lucid Air police cruisers to be unveiled at Saudi Arabia defense show

Teslarati

Saudi Arabia is set to launch a Lucid Air police cruiser, as highlighted in a recent preview of a defense conference starting this weekend. The automaker also began delivering the Lucid Air in Saudi Arabia last June , and in 2022 the company announced a fleet deal for 100,000 EVs over a ten-year span.

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Saudi Arabia Launches First Electric Vehicle Company

Electric Cars Report

The Crown Prince of Saudi Arabia has launched Ceer, the first Saudi electric vehicle brand, as part of a push to diversify the economy of the oil rich country.

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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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QUANTRON and Petromin deliver 50 all-electric trucks in the Kingdom of Saudi Arabia

Electric Cars Report

Quantron AG, a clean tech company and specialist in sustainable passenger and freight transport, together with its partner Electromin, wholly owned by the Petromin Corporation, announced the delivery of the first 50 QUANTRON QARGO 4 EV light trucks in the Kingdom of Saudi Arabia.

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Lucid launches Saudi Arabia EV factory, the first in the country

Teslarati

Lucid announced this morning that it has officially opened an electric vehicle factory in Saudi Arabia, the first in the country. In March 2022 , Lucid announced that it would officially build its first international EV production facility in Saudi Arabia.

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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.