Ford Motor Company is adjusting its electric vehicle (EV) production timeline and expanding its hybrid offerings in response to market dynamics and technological developments. The Detroit automaker announced a shift in its EV plans, delaying the launch of a new all-electric large SUV and pickup ...
Saudi ArabiaAlthough battery electric vehicles (EVs) are emission-free at the tailpipe, the energy mix that provides electricity to charge EVs is generally not. Ideally, it is desired to charge EVs from a low- or no-carbon energy source to ensure that the emissions avoided from driving EVs ...
KAEC will become our manufacturing hub as we work towards creating the first electric vehicle brand for Saudi Arabia and the wider region and, in doing so, contribute in a meaningful way to Saudi Vision 2030.” The establishment of Ceer comes in line with the PIF strategy to focus on ...
Perhaps no country has more to gain from the 'clean' energy transition than the Democratic Republic of the Congo (DRC), which sits atop some of the world's biggest copper, cobalt, coltan and lithium reserves. The planet's cobalt reserves total 7.6mn tonnes of which the DRC has 3.5mn ...
Acura introduced its Performance EV Concept at 2024 Monterey Car Week, showcasing a sporty crossover format for a new electric vehicle. The Acura EV is set to be developed on a new electric vehicle platform of Honda's own design (Acura's other EV, theZDX, was developed in collaboration wi...
His Royal Highness Crown Prince Mohammad bin Salman bin Abdulaziz, Prime Minister and Chairman of the Public Investment Fund (PIF) announced today the launch of Ceer, the first Saudi electric vehicle brand that will contribute to Saudi Arabia’s automotive manufacturing sector. The launch...
Saudi Arabia Electric Vehicle Market Analysis The Saudi Arabia Electric Vehicle Market size is estimated at USD 0.56 billion in 2024, and is expected to reach USD 2.20 billion by 2029, growing at a CAGR of 24.5% during the forecast period (2024-2029). ...
KAEC will become our manufacturing hub as we work towards creating the first electric vehicle brand for Saudi Arabia and the wider region and, in doing so, contribute in a meaningful way to Saudi Vision 2030.” The establishment of Ceer comes in line with the PIF strate...
5.1 By Vehicle Type 5.1.1 Battery Electric 5.1.2 Hybrid Electric 5.1.3 Plug-in Hybrid Electric 5.2 By Body Style 5.2.1 Hatchback 5.2.2 Sedan 5.2.3 Sports Utility Vehicles (SUVs) 5.2.4 Multi-utility Vehicle (MUV) 5.3 By Type 5.3.1 Luxury ...
The Public Investment Fund (PIF) and Saudi Electricity Company (SEC) announced the launch of the Electric Vehicle Infrastructure Company. PIF will own a 75% stake in the Company, while SEC will hold the remaining 25% stake.