article thumbnail

Hyundai EV pilot test to support ultraluxury tourism in Saudi Arabia

Teslarati

Hyundai will run pilot tests with its electric vehicles (EVs) and hydrogen fuel cell cars to boost ultraluxury tourism in Saudi Arabia. Hyundai Motor Group signed a memorandum of understanding with Red Sea Global to run pilot tests in the ultraluxury tourism destination of Amaala and Ummahat Islands resort.

article thumbnail

FIA Approves Andretti and Cadillac for Formula One

The Truth About Cars

We previously speculated that being backed by General Motors would make all the difference for Andretti Autosport. The 2026 regulations are supposed to introduce engines that use “fully sustainable fuels” produced in Saudi Arabia and incorporate substantially more electrification.

Cadillac 105
article thumbnail

Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

brands like General Motors also have a lot riding on relations remaining copesthetic with China. The security bloc incorporates China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Saudi Arabia, Tajikistan and Uzbekistan. Often presented as a trade organization, it’s effectively a stop gap for U.S. influence.&

article thumbnail

Eight new EV brands you’ve never hears of – and they don’t come from China

EV Central

Ceer Motors It might seem weird that a petrol-chemical kingdom like Saudi Arabia would want to get into EV manufacturing but that’s exactly what is happening with Ceer Motors. All are aspirational and have grand plans, although not all may survive the competition and challenges of establishing a car maker.

China 98
article thumbnail

Tesla unlikely to build new factories for ‘one or two years’: report

Teslarati

Pandjaitan also said Musk was “very frank” in statements regarding new factories, adding that the automaker wanted to avoid going bankrupt like General Motors (GM) and Chrysler did back in 2009. Additionally, reports said that Tesla was in talks with Saudi Arabia about building a Gigafactory, though Musk later denied the claims.

Building 127
article thumbnail

Auto Racing Test Drives Its Own EV Future

Cars That Think

The third-generation Formula E car, set to make its competitive debut in Saudi Arabia in early 2023, is smaller, lighter, faster and more environmentally friendly than any electric racer in history. The series’ first dual-powertrain car brings a robust 600 kilowatts, (805 hp), boosted by a new 250-kW front motor.

Future 88
article thumbnail

Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

The auto industry had shown signs of becoming an key source of funds, as companies such as Ford Motor Co. and General Motors Co. In the past year, Saudi Arabia has emerged as a new pivotal player as it seeks to diversify away from fossil fuels, and after agreeing to buy a 10% stake in Vale SA’s nickel and copper business.

Price 52