Saudi Arabia aims to supply the world with EV batteries
Worlds biggest oil producer wants to become a key hub for batteries to diversify its economy
Saudi Arabia is aiming to become a key hub for making batteries for electric vehicles, as Saudi authorities look for new ways to diversify the economy and develop a domestic auto industry.
Khalid Al-Falih, Saudi Arabia’s minister for investment, said the country was looking at investing in the production of EV batteries and manufacturing hydrogen-powered vehicles as the next step in its plans to build a nexus for carmaking in the Middle East,
“What’s next ...
