BARCELONA, Spain — Wallbox (NYSE: WBX), a global provider of electric vehicle charging and energy management solutions, and Turning Point Energy, a leading EV infrastructure provider in Saudi Arabia, today announced that they have surpassed 10,000 EV chargers sold and installed across the Kingdom of Saudi Arabia since the beginning … [continued]
Lucid Group officially opened the first-ever car manufacturing facility in Saudi Arabia. As Lucid’s second Advanced Manufacturing Plant (AMP-2) and first international plant, the facility will produce Lucid’s groundbreaking electric vehicles for Saudi Arabia and export to other markets. Photo from Lucid.
Lucid Motors entered 2026 with award‑winning technology, a world‑class luxury SUV, and one of the most ambitious global manufacturing strategies in the EV sector. By midyear, the company is fighting for operational stability, financial runway, and the time it needs to launch the vehicle that may finally bring scale. What … [continued]
A couple of years ago, there was a news story about a gas station in Texas or Arizona that was giving away $25 of free gasoline per customer for several hours one morning. The marketing tactic worked because there was something of a frenzy of drivers lined up to get … [continued]
Crude oil and petroleum product prices increased significantly in the first quarter of 2026 (1Q26), particularly following military action in the Middle East on February 28 and the subsequent de facto closure of the Strait of Hormuz. In this quarterly update, we review petroleum markets price developments in 1Q26, covering … [continued]
The U.S.-Israeli military campaign against Iran took a dangerous turn on March 18, 2026, with tit-for-tat strikes on critical energy infrastructure that amount to the most serious regional escalation since the conflict began. First, an Israeli drone strike targeted facilities at Iran’s Asaluyeh complex, damaging four plants that treat gas from the offshore South … [continued]
Lucid Group officially opened the first-ever car manufacturing facility in Saudi Arabia. As Lucid’s second Advanced Manufacturing Plant (AMP-2) and first international plant, the facility will produce Lucid’s groundbreaking electric vehicles for Saudi Arabia and export to other markets. Photo from Lucid.
Last month, CleanTechnica carried a story about the growing footprint of Lucid Motors in the Kingdom of Saudi Arabia. The company’s expanding presence in the Middle East, centered on its assembly facility at King Abdullah Economic City near Jeddah, has often been presented as a milestone for both the automaker … [continued]
Lucid Group officially opened the first-ever car manufacturing facility in Saudi Arabia. As Lucid’s second Advanced Manufacturing Plant (AMP-2) and first international plant, the facility will produce Lucid’s groundbreaking electric vehicles for Saudi Arabia and export to other markets. (Photo from Lucid)
When Lucid Motors announced plans to build its first manufacturing facility outside the United States in 2022, the move was framed as both symbolic and strategic. The plant in King Abdullah Economic City (KAEC) would not only become Saudi Arabia’s first car factory, but also a cornerstone of the kingdom’s … [continued]
In Creating the Factory of the Future, Lucid’s Manufacturing Vision Puts People Ahead of Machines At Rockwell Automation Fair 2025 three months ago, one of the most quietly consequential conversations about the future of manufacturing did not revolve around artificial intelligence, robotics, or automation speed. Instead, it centered on a … [continued]
Electric air taxis may be a dead end idea. I think they probably are. Except in some niche, limited markets and applications. To be honest, though, Saudi Arabia may be one of those markets, and authorities there certainly seem to think so. The country’s aviation regulator, General Authority of Civil … [continued]
Representatives from China, Turkey, the Middle East, and Europe met in Uzbekistan last week to celebrate a new renewable energy initiative.
