Company Insights Lucid Motors Transport Lucid Motors News Opinion Manufacturing Electric vehicles: If you can’t beat ’em, join ’em Opportunities in battery manufacturing as well as clear net-zero goals allow oil-rich countries to embrace the inevitable switch to EVs rather than fear it June 15, 2022 Manufacturing Gulf rivals jostle for position as EV test beds A collaboration has been forged between electric vehicle company NWTN and real estate investor Sultan Investments to build a manufacturing facility in Abu Dhabi. The tie-up is the latest signal of intent by the UAE to corner the fast growing EV market, rivalling Saudi Arabia’s ambitions. NWTN, previously known as ICONIQ, was founded in 2016 […] June 14, 2022 Tourism Saudi’s Abdul Latif Jameel to invest $220m in Indian electric vehicle maker Saudi Arabian family conglomerate Abdul Latif Jameel is to invest $220 million in India’s Greaves Electric Mobility, as it looks to benefit from the country’s growing electric vehicle (EV) market. India is currently the world’s fourth-largest automotive market and Greaves Electric Mobility, a subsidiary of Indian engineering firm Greaves Cotton Ltd, produces two and three […] June 2, 2022 Manufacturing Saudi Arabia likely to see two more electric vehicle plants Plans by American electric vehicle (EV) maker Lucid Motors to build a production plant in Saudi Arabia is likely to be the first of at least three such facilities in the kingdom, investment minister Khalid Al-Falih said today. Speaking at the World Economic Forum in Davos, Falih did not provide any further details on the […] May 25, 2022 Energy ‘We’re serious about net zero’ says Saudi’s PIF chief PIF establishing new hydrogen company Fund plans to develop 70 percent of renewable energy targets Kingdom to phase out almost all liquids Saudi Arabia’s Public Investment Fund (PIF) is committed to achieving its goal of developing 70 percent of the kingdom’s renewable energy by the end of the decade, PIF’s governor confirmed today. Despite it […] May 20, 2022 Manufacturing Lucid’s electric vehicle hub to create 4,500 jobs in Saudi US-based Lucid Group on Wednesday revealed more details about its plans to build an electric vehicle (EV) production hub in Saudi Arabia, with 4,500 jobs to be created. With an annual capacity to build 155,000 EVs, agreements in place are estimated to provide financing and incentives to Lucid of up to $3.4 billion over the […] May 19, 2022 Posts navigation Previous 1 … 5 6
Opinion Manufacturing Electric vehicles: If you can’t beat ’em, join ’em Opportunities in battery manufacturing as well as clear net-zero goals allow oil-rich countries to embrace the inevitable switch to EVs rather than fear it June 15, 2022
Manufacturing Gulf rivals jostle for position as EV test beds A collaboration has been forged between electric vehicle company NWTN and real estate investor Sultan Investments to build a manufacturing facility in Abu Dhabi. The tie-up is the latest signal of intent by the UAE to corner the fast growing EV market, rivalling Saudi Arabia’s ambitions. NWTN, previously known as ICONIQ, was founded in 2016 […] June 14, 2022
Tourism Saudi’s Abdul Latif Jameel to invest $220m in Indian electric vehicle maker Saudi Arabian family conglomerate Abdul Latif Jameel is to invest $220 million in India’s Greaves Electric Mobility, as it looks to benefit from the country’s growing electric vehicle (EV) market. India is currently the world’s fourth-largest automotive market and Greaves Electric Mobility, a subsidiary of Indian engineering firm Greaves Cotton Ltd, produces two and three […] June 2, 2022
Manufacturing Saudi Arabia likely to see two more electric vehicle plants Plans by American electric vehicle (EV) maker Lucid Motors to build a production plant in Saudi Arabia is likely to be the first of at least three such facilities in the kingdom, investment minister Khalid Al-Falih said today. Speaking at the World Economic Forum in Davos, Falih did not provide any further details on the […] May 25, 2022
Energy ‘We’re serious about net zero’ says Saudi’s PIF chief PIF establishing new hydrogen company Fund plans to develop 70 percent of renewable energy targets Kingdom to phase out almost all liquids Saudi Arabia’s Public Investment Fund (PIF) is committed to achieving its goal of developing 70 percent of the kingdom’s renewable energy by the end of the decade, PIF’s governor confirmed today. Despite it […] May 20, 2022
Manufacturing Lucid’s electric vehicle hub to create 4,500 jobs in Saudi US-based Lucid Group on Wednesday revealed more details about its plans to build an electric vehicle (EV) production hub in Saudi Arabia, with 4,500 jobs to be created. With an annual capacity to build 155,000 EVs, agreements in place are estimated to provide financing and incentives to Lucid of up to $3.4 billion over the […] May 19, 2022
