By 2028, the market is projected to reach USD 472.6 million, growing at a CAGR of 12.4% between 2022 and 2028. The rapid growth is attributed to: Government policies encouraging EV adoption and ...

The initiative supports Saudi Arabia's sustainability and economic diversification efforts by promoting EV use, reducing carbon emissions, and contributing to non-oil GDP growth EVIQ’s new R&D ...

Riyadh: Ceer, Saudi Arabia’s first electric vehicle (EV) brand and Original Equipment Manufacturer (OEM), announced 11 new partnerships worth SAR 5.50 billion, equivalent to approximately $1.50 ...

EV startup Lucid Motors LCID awarded a custom Lucid Air Saphhire to the winner of the Saudi Cup over the weekend, complete with a lavender exterior. What Happened: Lucid is a Califoria-based EV ...

Unlike EV startups that may have been destined to fail ... LCID), which sits comfortably of the back of support from an affiliate of the Saudi Arabia Public Investment Fund. Since its SPAC merger ...

China’s electric vehicle champion BYD said on Tuesday it had raised $5.6bn in the biggest share sale in Hong Kong in four years and the largest equity follow-on offering in the global automotive ...

The United States has confirmed talks with Ukrainian officials in Saudi Arabia next week aimed at establishing a peace ...

Celebrating Saudi Arabia’s hospitality excellence and the achievements that set them apart. Hotelier Saudi Awards 2025: ...

The value of public-private partnership (PPP) contracts in Saudi Arabia has risen sharply over the past two years as the government seeks to develop projects through the private sector and diversify ...

On a full-year basis, the California-based EV maker’s net loss widened to $ ... resulting in a bailout from Saudi Arabia’s Public Investment Fund. PIF-linked funds now own 58 per cent of ...