Saudi Arabia Wants To Become A Force In Electric Vehicle Manufacturing

29 Sep 2023 | Abstracted from Economist

"Hyundai...has agreed to build a factory to assemble its vehicles in the country. Tesla, the world's largest full ev producer, is said to be in talks about setting up a manufacturing facility...Lucid...opened a factory near Jeddah...its EV efforts are a serious attempt on the part of the world''s biggest oil exporter to diversify its economy and create new industries in anticipation of the bigger changes coming down the road."

ADDITIONAL RELATED NEWS LINKS

• Saudi Arabia Showcases Its Domestically Produced Lucid Air In Police Livery


• Chinese New Energy Vehicle Manufacturer Enovate to Build EV Factory in Saudi Arabia


• Crown Prince Mohammed bin Salman Launches First Saudi Electric Vehicle Brand: CEER


• Saudi Arabia Announces $6 billion Investment In Steel Complex, EV Battery Metals Plant


• Fossil Fuels Beget Dictators


• Audi's RS Q E-Tron Dakar Rally Cars Take Multiple Stage Wins in Saudi Arabia


• Formula E Season 7 Starts Friday with Saudi Doubleheader


• Saudi Arabia Aims to Become Next Germany of Renewable Energy


• Saudi Arabia Owns More Than Half of Lucid Motors