Saudi Arabia signs with Lucid company to purchase about 100,000 electric cars

Saudi Arabia signs with Lucid company to buy about 100,000 electric cars

Saudi Arabia’s government announced that, it’s entered into an agreement with Lucid Company to get a minimum 50,000 electric vehicles and a maximum of 100,000 vehicles within 10 years, with the aim of diversifying its fleet of vehicles to be environmentally friendly. subscribe Saudi Expatriates YouTube channel

This agreement is a vital step in line with achieving the goals of Saudi Vision 2030, which seeks to realize wide-ranging reforms at the amount of the economy, society and quality of life, diversify the Kingdom’s economy and build new sectors that fit with the long run and build job opportunities for Saudi nationals.

– The move also comes in line with the Green Saudi initiative and therefore the Green geographic area initiative, which were previously announced by Saudi prince Mohammad bin Salman, additionally to reflecting the government’s efforts to diversify its fleet with the aim for reducing carbon emissions and encourage the employment of sustainable transport. Trending : Asian nation announces 4th dose of Corona vaccine for this cohort

– Lucid has been selected as they’re building a factory to assemble these vehicles within the dominion, which is able to ease up time to full production, in support of local content, which is able to contribute to diversifying the economy and achieving returns in line with Saudi Vision 2030, additionally to creating Kingdom of Saudi Arabia a significant center for the regional and global industry for the subsequent generation of electrical cars, Lucid aims to supply up to 150,000 cars annually.

– By purchasing these vehicles, Kingdom of Saudi Arabia aims to diversify technologies employed in the sector of personal transportation as a part of its efforts to develop vehicle emissions management technologies, which include, but aren’t any limited to, the manufacture of electrical vehicles using modern technologies, programs for the event of advanced low-emission fuels and also the experiment and development of vehicles, hydrogen cell vehicle technologies.

– Kingdom’s conclusion of this agreement came at a time when the globe is witnessing an apparent increase in demand of electrical cars, and plenty of other governments are requested such a kind. The agreement also represents a chance for the dominion to figure with Lucid to develop new models and vehicles that suit the requirements of the govt. fleet. Most Viewed : Saudi authorities arrests number of beggars in Makkah and Grand Mosque

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