electric vehicle

Saudi Arabia’s giga-project NEOM is set to receive a fleet of eight Swedish Candela P-12 electric hydrofoil passenger ships, with delivery of the vessels beginning in 2025. The zero-emission fleet will advance waterborne transport with…
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World oil demand decelerated in the second quarter, with growth easing to 710,000 barrels per day year-on-year, driven by rising adoption of electric vehicles and economic headwinds, an analysis showed. In its latest report, the…
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Lucid Motors, majority-owned by Saudi Arabia’s sovereign wealth fund, delivered 2,394 electric vehicles in the second quarter of this year, a 21.70 percent increase compared to the first quarter. In a statement, the company said it also…
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Saudi Arabia’s pioneering electric vehicle brand, Ceer, has secured a monumental SR8.2 billion ($2.18 billion) agreement with Hyundai Transys, a South Korea-based company, to supply “EV Drive Systems” for its vehicles. Ceer stated in a…
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Approximately 85 percent of residents in Saudi Arabia are likely to purchase battery-electric vehicles by 2035, a global consulting firm’s study has found. Currently, some 70 percent of the country’s population have expressed a moderate…
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China is at the forefront of providing affordable electric vehicles, supported by government backing and a wide range of low-cost options, according to a new study. Despite a global slowdown in the transition to EVs, a report by S&P…
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Saudi Arabia is set to activate high-speed public charging infrastructure to support the adoption of electric vehicles, thanks to a new agreement. The memorandum of understanding between the electric car specialists Lucid and Electric…
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The world needs to mine more than double the amount of copper ever excavated in human history if it wants to hit widespread electric vehicle targets, according to a new study. Analysis by the International Energy Forum warns that unless…
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Global battery production must be scaled up to meet the climate security goals set at COP28, according to the International Energy Agency. In its latest report, IEA said battery technology witnessed unprecedented growth in 2023,…
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The entry of Chinese car models in the Middle East could drive regional electric vehicle sales, as global figures are projected to reach 17 million units by 2024. According to the latest International Energy Agency report, this marks a…
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