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OPEC+ to cut oil output by 2 mb/d from November; Saudi Arabia and Russia account for half

Green Car Congress

At the 45 th Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 33 rd OPEC and non-OPEC Ministerial Meeting (OPEC+) in Vienna, the organizations decided to cut crude oil production by 2 million barrels per day (mb/d), starting in November 2022. Biden traveled to Saudi Arabia in July 2022, seeking an increase in oil output.

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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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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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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 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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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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EGEB: Oil kingdom Saudi Arabia launches its first wind farm, the Middle East’s largest

Electrek

more… The post EGEB: Oil kingdom Saudi Arabia launches its first wind farm, the Middle East’s largest appeared first on Electrek. UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Click here to learn more and get your quotes. — *ad.