China holds the world’s largest share of electric vehicles, but demand from other countries has risen. In Brazil they represent a market share of 3%, while in the Middle East and Africa they account for less than 1%.
Browsing: electric vehicles
According to the minister of investment of Saudi Arabia, Khalid Al-Falih, his country is interested in investing in Brazil’s food, financial, automotive, transport & logistics, infrastructure, ecotourism, and entertainment sectors. He spoke at the Brazil-Saudi Arabia Investment Forum.
The Arab country announced a 10-year agreement to purchase 50,000 to 100,000 electric cars of the Lucid brand, which is building a plant in the country.
North American company Lucid will set up an electric vehicle manufacturing plant in the Arab country. A Saudi fund controls the company.
Brazilian network of researchers signed a technology transfer agreement on electric vehicle chargers with Morocco.
Minister Hisham Tawfik visited the company that will manufacture electric vehicles (EVs) by mid-2022. He met the Chinese model that will be tested in Egypt.
The country will grant owners of electric cars temporary licenses until procedures related to licensing of the vehicles are regularized and will manufacture electric buses.
