Land of Black Gold To Electric Power: How And Why Saudi Arabia Is Embracing EVs

24 Jun 2023 | Abstracted from Hindustan Times

"...survey commissioned by General Motors, nearly two-thirds of local Saudi population who already own at least one vehicle is ready to explore EVs. The survey also found that a huge number of people - 93 per cent - are aware of EVs

"Ministry of Investment has signed a $5.6 billion deal with Chinese electric car maker Human Horizon in order to develop, manufacture and sell EVs...US-based Lucid Motor - backed by Saudi's Public Investment Fund - signed an agreement to sell one lakh units."

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