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, ...

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 ...

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 ...

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 ...

When saudi arabia’s autocratic crown prince, Muhammad bin Salman (known as mbs), last year launched Ceer, the kingdom’s first electric-vehicle (ev) brand, his ambition was clear. His country was not ...

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 ...

Saudi Arabia's Public Investment Fund holds nearly 61% of Lucid's common stock. Lucid plans to set up a manufacturing facility in the Kingdom with an annual capacity of up to 150,000 vehicles. Roughly ...

Saudi Arabia wants to establish its own domestic electric car manufacturer, according to the latest reports. It is understood that Saudi Arabia has hired advisors including Boston Consulting Group to ...

A leading car import firm in Saudi has revealed sales rose by 20 percent in the first quarter of 2009,suggesting the kingdom’s motor industry is bucking the global trend,it was reported on ...