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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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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. The partnership stems from the consideration of strategic advantage that Saudi Arabia has due to its location at a central point between both Asia and Europe.

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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. Electric Car News Ceer Foxconn Saudi Arabia

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Canoo (GOEV) is bringing its EVs to Saudi Arabia with new exclusive distributor partnership

Electrek

Canoo (GOEV) is making good on its promise to bring EVs to everyone with a new distributor partnership that will expand its network to Saudi Arabia. more… The post Canoo (GOEV) is bringing its EVs to Saudi Arabia with new exclusive distributor partnership appeared first on Electrek.

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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. Electric Car News Canoo GCC Olayan Saudi Arabia

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@LATimes I Understand Why You’re Too Scared To Call Out Criminal Royal Family Dictatorship Of Saudi Arabia, But I’m Not – #JoeTakesOnTheNews

Creative Greenius

fossil fuels News News Media Truth & Reality Saudi Arabia

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Lucid Gravity SUV, Fisker platforms, Saudi Arabia’s EV brand: Today’s Car News

Green Car Reports

Saudi Arabia is getting its own electric vehicle brand, with help from Foxconn and BMW. Fisker is shopping around its platforms, and the possibility of emissions credit sales. And the Lucid Air Pure will soon be fully detailed—with Gravity SUV news to boot.

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@LATimes I Understand Why You’re Too Scared To Call Out Criminal Royal Family Dictatorship Of Saudi Arabia, But I’m Not – #JoeTakesOnTheNews

Creative Greenius

fossil fuels News News Media Truth & Reality Saudi Arabia

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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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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.

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Aston Martin’s second largest shareholder is now Saudi Arabia

Baua Electric

Aston Martin has turned to equity funding to help pay down debts as well as fuel investment in future product, and in the process has gained Saudi Arabia’s sovereign wealth.

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Saudi Arabia partners with Foxconn on new EV brand

Teslarati

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.

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Lucid confirms Saudi Arabia plant for 2025, “ultra-high-efficiency” Gravity SUV for 2024

Green Car Reports

Lucid Group announced Monday, just before a business update, that it has signed a deal for a factory 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. Lucid Motors announces first international plant in Saudi Arabia.

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Chinese EV startup Enovate to build production base in Saudi Arabia with annual capacity of 100,000 units

CN EV Post

Enovate will form a joint venture with Saudi Arabia's Sumou Holding to build a production and R&D base in Saudi Arabia with an annual capacity of about 100,000 NEVs.

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EV Metals Group signs FEED Agreement for development of lithium chemicals plant in Saudi Arabia

Green Car Congress

EV Metals Arabia, the operating subsidiary of EV Metals Group plc (EVM), has signed a Front-End Engineering Design Agreement (FEED) with Mustang and Faisal Jameel Al Hejailan Consulting Engineering Company, a subsidiary of Wood Plc, for the development of the first two processing trains for production of lithium hydroxide monohydrate (LHM) in the Lithium Chemicals Plant of the Battery Chemicals Complex in the Kingdom of Saudi Arabia.

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Volocopter to create first public eVTOL system in the futuristic region of NEOM, Saudi Arabia

Electrek

Urban Air Mobility (UAM) developer Volocopter announced a joint venture with the sustainable development of NEOM in Saudi Arabia to design, implement, and operate the world’s first bespoke public eVTOL mobility system.

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Saudi Arabia agrees to buy up to 100,000 Lucid EVs

Green Car Reports

In a deal announced Monday, the Saudi Arabian government will purchase up to 100,000 Lucid electric cars over a 10-year period, with initial deliveries scheduled to start by the second quarter of 2023.

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Saudi Arabia Plans Emission Cuts.That Don't Reduce Fossil-Fuel Use

Green Car Reports

Saudi Arabia may be one of the most oil-rich nations on the planet, but even this Middle Eastern country is planning to cut its carbon emissions. That's because as other countries work to reduce oil consumption, the Saudi government is worried about what effect efforts to combat climate change will have on its national economy. Green Middle East Saudi Arabia emissions energy policy oil transportation policy

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Lucid Scores 100,000-Vehicle Order From Saudi Arabia Over Ten Years

InsideEVs

The Government of Saudi Arabia will buy 50,000 Lucid EVs initially, with an option to purchase up to an additional 50,000 units

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

Electrek

In today’s Electrek Green Energy Brief (EGEB): Saudi Arabia’s first wind farm is now connected and producing clean energy. more… The post EGEB: Oil kingdom Saudi Arabia launches its first wind farm, the Middle East’s largest appeared first on Electrek.

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@LATimes Let’s Tell The Brutal Truth About One The Most Evil Men On The Planet #JoeTakesOnTheNews

Creative Greenius

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Even Saudi Arabia vows to end its 'addiction to oil'

Green Car Reports

Oil-rich Saudi Arabia is now starting to contemplate a future in which gasoline and diesel now longer power the majority of the world's cars. It's part of a plan known as "Vision 2030" that Saudi Arabia. oil Middle East energy policy transportation policy Saudi ArabiaOver the next decade and a half, it hopes to transition its economy away from oil, largely by investing today's oil revenues in other industries.

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Lucid opens retail studio in Saudi Arabia because it strikes into Center East EV market

Baua Electric

opened its first retail location in Saudi Arabia, the place it intends to make a play for EV gross sales within the Center East. The post Lucid opens retail studio in Saudi Arabia because it strikes into Center East EV market appeared first on Bauaelectric Auto News.

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

Teslarati

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.

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Lucid Motors announces agreement with Gov’t of Saudi Arabia to purchase up to 100k EVs over the next decade

Electrek

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia and its Ministry of Finance. The post Lucid Motors announces agreement with Gov’t of Saudi Arabia to purchase up to 100k EVs over the next decade appeared first on Electrek.

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Lucid Motors announces first international plant in Saudi Arabia

Teslarati

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

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@LATimes Let’s Tell The Brutal Truth About One The Most Evil Men On The Planet #JoeTakesOnTheNews

Creative Greenius

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2018 150
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Saudi Arabia And Iran Reignite The Oil Price War

Green Car Congress

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. Saudi Arabia, OPEC’s largest producer, has been boosting oil production to offset supply disruptions elsewhere, including the anticipated loss of Iranian oil supply after U.S. The Saudis are also cutting their prices to the prized Asian market to lure more customers as they increase supply.

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Hyundai and Apple, Geely and Baidu, Lucid and Saudi Arabia: Today’s Car News

Green Car Reports

And Lucid might build cars in Saudi Arabia. Two tech giants possibly pairing up with major automakers could change the shape of electric vehicles and mobility later in the decade. This and more, here at Green Car Reports.

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Opinion: Saudi Arabia Continues To Turn Screws On US Shale

Green Car Congress

Saudi Arabia continues to ratchet up production, taking market share away from US shale producers. According to OPEC's latest monthly oil report , Saudi Arabia boosted its oil output to 10.31 Saudi Arabia has increased production by 700,000 barrels per day since the fourth quarter of 2014 in an effort maintain market share. In other words, as Saudi Arabia ramps up, US shale is being forced to cut back. by James Stafford of Oilprice.com.

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

Green Car Congress

Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. The collaboration between the two companies will combine Air Products’ technological know-how and experience in the field of hydrogen with Saudi Aramco’s industrial experience, facilities and R&D capabilities. Al Khowaiter, Chief Technology Officer of Saudi Aramco.

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Why Saudi Arabia Is Investing So Heavily In Motorsport

InsideEVs

Arguably no country in the world is investing more in motorsport currently than Saudi Arabia. F1 has signed a long-term contract with Saudi Arabia to host F1 and ultimately the race will run on a new purpose-built circuit that is being developed in Qiddiya.

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Saudi Arabia will have $2 trillion to figure out an economy after oil

Green Car Reports

Oil-rich Saudi Arabia could find itself in a vulnerable position if world economies shift away from fossil fuels for transportation over the coming decades. oil Middle East energy policy transportation policy Saudi ArabiaThe Middle Eastern kingdom is now preparing for that eventually, socking away money for a post-oil economy. The government is creating a Public Investment Fund that will eventually control $2.

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Lucid Opens Its First Middle East Store In Saudi Arabia

InsideEVs

The Lucid Studio is located in the country's capital of Riyadh, in a shopping mall in the Al Nakheel District

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Saudi Arabia inaugurates first solar power plant

Green Car Congress

Saudi Arabia inaugurated its first solar power plant on 1 October as it continues to diversify its energy sources. The plant was constructed by the Saudi Electricity Company (SEC) and Showa Shell Sekiyu K.K., a Japanese energy company partly owned by the Saudi Arabian Oil Company. The sun in Saudi Arabia emits about 7,000 watts of energy per square meter over an average of 12 hours every day.

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Lucid Secures $3.4B In Incentives, Funding For Saudi Arabia Plant

InsideEVs

Lucid Group's AMP-2 plant in King Abdullah Economic City will have an annual capacity of 155,000 electric vehicles

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Saudi Arabia Teams Up With Foxconn To Launch Its Own Ceer EV Brand

InsideEVs

The Ceer joint venture will build electric sedans and sports utility vehicles in the oil-rich state starting in 2025

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Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia

Green Car Congress

The US shale oil industry faces an implacable foe in the current crisis: Saudi Arabia. Saudi Arabia is uniquely positioned to withstand low oil prices given that inside sources say the country has nearly $800 billion in reserves to weather the storm. At this point, Saudi Arabia’s currency reserves are roughly equal to the combined market capitalization of the entire US shale oil industry. by Michael McDonald on Oilprice.com.

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy. Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S.

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2023 Polestar 2 updates, Saudi Arabia will drive Lucids, California and gasoline superusers: Today’s Car News

Green Car Reports

Lucid Air sedans and Gravity SUVs point to the future of the Saudi Arabian government fleet. California might offer stronger incentives to those who use the most gasoline. And Polestar signals a few changes for a new model year of the ‘2.’

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Dow to invest in water desalination and reuse technologies in Saudi Arabia

Green Car Congress

The Dow Chemical Company plans to invest in a best-in-class manufacturing facility for Dow FILMTEC reverse osmosis (RO) elements in the Kingdom of Saudi Arabia. The proposed facility would deliver local supply security of advanced technologies for water desalination and water re-use for potable, non-potable and industrial water serving Saudi Arabia, the surrounding Middle East and North Africa region and emerging markets worldwide.