Saudi Arabia’s first electric vehicle brand Ceer said it has signed an agreement worth SR359 million ($96 million) with Emaar, the Economic City, to purchase land at King Abdullah Economic City (KAEC) ...

RIYADH, Oct 22 (Reuters) - South Korea's Hyundai Motor Group 005380.KS will build a car plant in Saudi Arabia jointly with the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, South ...

Saudi Arabia hopes to become a hub for electric vehicles as it seeks to diversify its economy away from oil — Fayez Nureldine For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle ...

In recent years, the car rental industry has witnessed significant growth in Saudi Arabia, driven by increased demand from both residents and tourists. Among the many players in this expanding market, ...

Lucid late in September opened its second vehicle plant. The plant, which was first announced in early 2022, is located near Jeddah, Saudi Arabia, and builds Lucid electric vehicles both for Saudi ...

Dubai: More Saudi car buyers are in the mood to give EVs a chance with more dealerships in the Kingdom set to announce tie ups with leading Chinese carmakers to speed up the process. After what seems ...

Lucid Motors is in talks to build an electric-car factory near Jeddah, Saudi Arabia, Bloomberg first reported Thursday. This would be Lucid's second factory, alongside the Arizona plant that is ...

Saudi Arabia is preparing to take its futuristic mobility plans to the skies. In a landmark move, two Saudi firms — Front End and Cluster 2 Airports have signed a memorandum of understanding (MoU) ...

THE share of Saudi Arabia is the largest within the entire car rental market in Middle East with reference to the overall revenues in 2015. Saudi Arabia car rental and leasing market has grown at a ...