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Avass Group to manufacture EVs, lithium batteries in Saudi Arabia

Green Car Congress

Australia-based Avass Group recently signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries. The agreement bolsters Avass Group’s plans to mass manufacture full electric buses and lithium batteries in Saudi.

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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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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.

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Saudi Arabia launches EV brand with Foxconn, using BMW components

Green Car Reports

Saudi Arabia doesn't have much history of car manufacturing, but the nation plans to launch an EV brand with help from BMW and Foxconn.

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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

Of the reduction, Saudi Arabia (OPEC 10) and Russia (non-OPEC) account for more than half (a drop of 526,000 barrels per day each); the two countries are the top producers in OPEC+, with required production as of August 2022 at 11.004 million barrels/day each. Production targets for OPEC+.

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Tesla and Saudi Arabia in talks for EV factory with cobalt from DRC on the line, says report (Musk denies)

Electrek

According to a new report from the Wall Street Journal , Tesla and Saudi Arabia are in early talks about building an electric vehicle factory in the country, and the latter is dangling some cobalt from the DRC as an incentive.

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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.