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KSA inks USD 5.6 bn EV partnership agreement with China’s Human Horizons
KSA partners with Chinese EV manufacturer Human Horizons: Saudi Arabia’s Investment Ministry has signed a USD 5.6 bn agreement with…
TODAY: KSA and China’s Human Horizons sign a USD 5.6 bn EV partnership agreement
Good morning, ladies and gents. The regional climate updates have tapered off slightly as we hit a mid-week slump, but…
New tech for lithium extraction from brine will make the process more eco-friendly and efficient
Automakers using new tech to extract lithium from brine for use in EV batteries: As automakers set ambitious EV production…
TODAY: Masdar-led consortium has a land agreement in place for 10 GW Egyptian wind farm
Good morning, friends. We have big news from Egypt today and a couple of stories to note from other parts…
The world’s fastest electric car to hit UAE roads in 2024
The fastest electric car in the world, the Rimac Nevera, will be available in the UAE market starting 2024, The…
Qatar’s EcoTransit launches the country’s first electric vehicle brand
Qatar’s smart transport company EcoTransit has launched Vim, the country’s first electric vehicle brand, QNA reports. The EV brand —…
EV maker Lucid set to raise USD 3 bn, with KSA’s PIF contributing USD 1.8 bn
Lucid is getting more money from Saudi owners: EV maker Lucid Group plans to raise USD 3 bn through a…
Morocco takes the first step in establishing a USD 6.4 bn EV battery “gigafactory”
Morocco is getting a giant EV battery facility: Morocco has signed an MoU with Chinese battery maker Gotion High Tech…
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