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Saudi Arabia’s ACWA Power, fueled by Crown Prince Muhammad bin Salman’s ambitious vision, is racing towards a renewable future, aiming for half of the nation’s electricity from wind and solar by 2030.
Lucid Motors has manufactured 800 electric vehicles in Saudi Arabia at its first international plant, which opened in September 2023.
NEOM has announced the launch of TOPIAN, the new NEOM Food Company. Its primary objective is to revolutionize how we produce, distribute, and consume food by providing sustainable and innovative food solutions.
Saudi Arabia is enhancing its electric vehicle infrastructure with the launch of EVIQ, a new brand under the Electric Vehicle Infrastructure Co.
Saudi Arabia’s NEOM Investment Fund has invested significantly in Boom Supersonic, the U.S. aviation company dedicated to reintroducing supersonic aircraft for passenger travel. This investment marks a collaborative effort toward advancing supersonic flight in the Gulf region.
Saudi Arabia’s Neom Giga Project Is Investing $100 Million Into Pony.ai, the Autonomous Driving Technology Company, through The Neom Investment Fund To help develop and manufacture Autonomous Driving Vehicles for Neom and key Markets In the Middle East.
Saudi Arabia’s Public Investment Fund and Hyundai are partnering to build a $500 million car manufacturing plant in the kingdom, with an aim of producing 50,000 vehicles annually including electric vehicles starting in 2026
The PIF launches the electric vehicle infrastructure company which aims to deliver the best electric vehicle charging infrastructure across Saudi Arabia with over 5,000 fast chargers at over 1,000 locations by 2030
Saudi Arabia’s remarkable new seaplane service, Fly Red Sea, celebrated its inaugural flight on October 11, 2023. With four eco-friendly Cessna seaplanes that run on sustainable aviation fuel, fly red sea’s primary purpose is to set up the stage for a more sustainable and luxurious way to explore the Beauty of the Red Sea Islands
California-based Electric Vehicle (EV) startup Lucid Motors has obtained a license to begin electric vehicle production in a special economic zone in Saudi Arabia. Lucid plans to produce 150,000 EVs annually in the King Abdullah Economic City.
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