Electric Vehicles, Oil and Saudi Arabia

Saudi Arabia Launches First Electric Vehicle Company

Electric Cars Report

NOVEMBER 3, 2022

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.

Saudi Arabia

Saudi Arabia Electric Vehicles Companies Vehicles

Saudi Arabia Pursues Lithium to Fuel EV Ambitions – ET Auto

Baua Electric

APRIL 28, 2024

Saudi Arabia is focused on obtaining lithium from abroad for its electric vehicle (EV) ambitions, according to a senior minister. He emphasized the importance of lithium in the supply chain and expressed confidence that Saudi Arabia couldn’t afford to overlook it.

Saudi Arabia

Saudi Arabia Auto Chile Fuel

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

Teslarati

SEPTEMBER 27, 2023

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.

Saudi Arabia

Saudi Arabia Arizona Building Oil

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

Teslarati

APRIL 26, 2022

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.

Saudi Arabia

Saudi Arabia Fleet Sustainable Transportation United States

Saudi Arabia partners with Foxconn on new EV brand

Teslarati

NOVEMBER 3, 2022

Saudi Arabia’s Public Investment Fund and Taiwan-based technology manufacturer Foxconn entered into a joint venture to develop and manufacture electric vehicles. Saudi Arabia’s foray into the global EV market is another step forward in its Vision 2030 goal to reduce its reliance on oil.

Saudi Arabia

Saudi Arabia Taiwan BMW Manufacturer

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

Teslarati

MAY 18, 2022

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

Saudi Arabia

Saudi Arabia Manufacturer Financing Climate Change

Lucid Motors announces first international plant in Saudi Arabia

Teslarati

MARCH 1, 2022

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).

Saudi Arabia

Saudi Arabia International Motor Motors

The world’s largest oil exporting nation targets 150,000 EV exports in 2026

Electrek

OCTOBER 21, 2022

One of the last nations you would expect to join the electric vehicle revolution, Saudi Arabia , has announced its intentions to build and export EVs. The world’s largest oil-exporting nation, Saudi Arabia, aims to export over 150,000 EVs in 2026.

Saudi Arabia

Saudi Arabia Oil Building Electric Vehicles

Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

MARCH 8, 2024

China is the biggest processor and consumer of lithium, needed for electric and hybrid vehicles. Other oil companies, including Exxon Mobil and Occidental Petroleum, plan to take advantage of emerging technologies to filter lithium from brine, as the world seeks to move away from fossil fuels.

Saudi Arabia

Saudi Arabia Oil United Arab Emirates Auto

Bad News: Record Oil Imports into China in 2023

CleanTechnica EVs

APRIL 16, 2024

China is well known as the world’s leading electric vehicle (EV) market. In 2023, 25% of auto sales in China were sales of full electric vehicles. continued] The post Bad News: Record Oil Imports into China in 2023 appeared first on CleanTechnica. It is a standard of the rapid, uplifting EV revolution.

Oil

Oil China Sale Electric Vehicles

U.S. Gas Prices Rising Going Into Labor Day

CleanTechnica EVs

SEPTEMBER 1, 2023

Over the past five weeks, oil production cuts by Saudi Arabia, low U.S. On the Monday before the Labor Day weekend, August 28, 2023, the retail price of regular gasoline averaged $3.81 per gallon (gal) across the United States.

Saudi Arabia

Saudi Arabia Price Gas Gasoline

Kenya Signs Deals To Import Fossil Fuels On Credit For 6 Months To Relieve Pressure On Demand For Foreign Currency

CleanTechnica EVs

MARCH 17, 2023

Kenya recently signed some deals with firms from Saudi Arabia and the United Arab Emirates (UAE) to supply diesel, petrol, and jet fuel on credit for the next 6 months to ease mounting pressure on the demand for foreign currency as well as to try to stem the Kenya shillings slide vs. the US dollar […]

United Arab Emirates

United Arab Emirates Kenya Saudi Arabia UAE

Saudi Aramco and Air Products to build Saudi Arabia’s first hydrogen fuel cell vehicle fueling station; operational 2Q19

Green Car Congress

JANUARY 28, 2019

Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. The use of hydrogen derived from oil or gas to power fuel cell electric vehicles represents an exciting opportunity to expand the use of oil in clean transport.

Saudi Arabia

Saudi Arabia Hydrogen Fuel Building

Lucid (LCID) is converting its sleek electric sedan into a new line of police vehicles

Baua Electric

FEBRUARY 1, 2024

Lucid (LCID) is launching a new line of police vehicles based on its luxury Air electric sedan. The EV startup is set to unveil the new EVs at the World Defense Show next week in Saudi Arabia. Lucid announced a deal with the Saudi government in 2022 to sell up to 100,000 EVs over ten years.

Saudi Arabia

Saudi Arabia Convert Vehicles Arizona

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.

Oil Prices

Oil Prices Oil Price Carbon

Elektromotive to make breakthrough in Saudi Arabia

Green Cars News

JULY 29, 2009

Saudi Arabia is probably the last place you’d expect to see a concerted shift towards emission free motoring - after all, the Kingdom is the world’s leading oil producer and exporter.

Saudi Arabia

Saudi Arabia Elektrobay Re-Charge Ireland

Tesla drivers have smoke blown in their faces | Opinion

EV Central

NOVEMBER 13, 2023

Well, that’s being overly kind, actually, they’re more like the kind of people who choose to support oil companies and Saudi Arabia and let the world burn because they hate their children, and their children’s children too.

Climate Change

Climate Change Coal Saudi Arabia Climate

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

DECEMBER 10, 2014

This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. Forecasts Fuel Efficiency Fuels Market Background Oil' —Outlook.

Energy

Energy Global 2010 Oil-Sands

PHEV's and Water Consumption

Plug In Partners

APRIL 2, 2008

The same commute in a plug-in hybrid electric vehicle (PHEV), meanwhile, would take a whopping 318 gallons. All told, electric miles necessitate threefold the water consumption and 17 times the water withdrawal of gasoline miles. That is 879 million gallons of crude oil per year. million gallons per day.

Water

Water PHEV Saudi Arabia Oil-Sands

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

Oil

Oil Transportation Cheap Fleet

American Fuel Consumption Goes Down, Prices Do Not

The Truth About Cars

SEPTEMBER 19, 2023

The Energy Information Administration (EIA) estimates that Americans were burning through a million fewer barrels of oil last week than they were the week before. What isn’t dropping is oil prices and that seems to be making all the difference. But the usual decline in pump prices is being stymied for now by these high oil costs.”

Price

Price Saudi Arabia Fuel Oil

Behind the Wheel, Under the Hood of World’s First 500-Mile EV

Cars That Think

OCTOBER 29, 2021

billion in new investment cash, and 65-percent owned by Saudi Arabia's Public Investment Fund, saw its stock surge up to 47 percent on news of the first deliveries. Lucid plans additional factories in Europe, China and Saudi Arabia. The Silicon Valley-based company on Wednesday announced a "Dream Delivery Day" for Oct.

Miles

Miles Saudi Arabia Range Volt

Far from Finished

Green Car Congress

JUNE 15, 2022

The war over global dominance of the electric vehicle battery industry seems like it ended before it really got started. As reported by Barron’s last month, the firm released an analysis of China’s stranglehold on the industry that supplies lithium-ion batteries for millions of electric vehicles around the world.

Saudi Arabia

Saudi Arabia Argentina North Carolina Brazil

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

Baua Electric

NOVEMBER 3, 2023

Around the six Gulf states, together with oil majors Saudi Arabia and the United Arab Emirates, electrical vehicles account for simply 0.4% of the passenger-vehicle marketplace. billion deal with premium Chinese automaker Human Horizons Technology that reflects the region’s interest in higher-end vehicles.

Saudi Arabia

Saudi Arabia Chinese Asia Oil

Opinion: Blaming Rising Fuel Prices on High Temps is Dumb

The Truth About Cars

AUGUST 8, 2023

& Over the past week, countless media outlets published stories about how oil refineries have had to scale back production targets to contend with exceedingly high temperatures. In July, for example, Saudi Arabia starting reducing how much oil it sends to the global economy by 1 million barrels each day. Today’s U.S.

Price

Price Fuel Oil Climate Change

EV Driven

Saudi Arabia Launches First Electric Vehicle Company

Saudi Arabia Pursues Lithium to Fuel EV Ambitions – ET Auto

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

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

Saudi Arabia partners with Foxconn on new EV brand

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

Lucid Motors announces first international plant in Saudi Arabia

The world’s largest oil exporting nation targets 150,000 EV exports in 2026

Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Bad News: Record Oil Imports into China in 2023

U.S. Gas Prices Rising Going Into Labor Day

Kenya Signs Deals To Import Fossil Fuels On Credit For 6 Months To Relieve Pressure On Demand For Foreign Currency

Saudi Aramco and Air Products to build Saudi Arabia’s first hydrogen fuel cell vehicle fueling station; operational 2Q19

Lucid (LCID) is converting its sleek electric sedan into a new line of police vehicles

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Elektromotive to make breakthrough in Saudi Arabia

Tesla drivers have smoke blown in their faces | Opinion

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

PHEV's and Water Consumption

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

American Fuel Consumption Goes Down, Prices Do Not

Behind the Wheel, Under the Hood of World’s First 500-Mile EV

Far from Finished

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

Opinion: Blaming Rising Fuel Prices on High Temps is Dumb

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