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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 is considering an electric-car plant in Saudi Arabia

Green Car Reports

Lucid Motors is in talks to build an electric-car factory near Jeddah, Saudi Arabia, Bloomberg first reported Thursday. Oil-rich Saudi Arabia sounds like one of the last places on earth for an EV plant, but under.

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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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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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Canoo Announces Partnership Agreement with GCC Olayan as Exclusive Distributor of its Electric Vehicles in Saudi Arabia

Electric Cars Report

Californian high-tech advanced mobility company Canoo signed an exclusive agreement with GCC Olayan (General Contracting Company) for sale, service and distribution of Canoo fleet solutions In Saudi Arabia.

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Saudi Arabia is launching its own EV brand with its oil money

Electrek

Saudi Arabia, a country known for its oil production, announced today that it is launching its own electric car brand called Ceer in partnership with Foxconn and BMW. The post Saudi Arabia is launching its own EV brand with its oil money appeared first on Electrek.

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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.