How Oil Kingdom is becoming the Next EV Manufacturing Hotspot!

Lucid, BYD, Hyundai/KIA, these will be the names in one country in the coming years! According to Wulf Schlachter, Saudi Arabia is executing a masterclass in EV market development: Along with the manufacturing boom expected from Lucid, Ceer, Hyundai and BYD, the Saudi government is also pushing the EV revolution. 25,000 Lucid were ordered for government fleet Also Dubai / Abu Dhabi is also scaling on EV infrastructure Here is the ambition "PIF investments drive battery-powered vehicle ecosystem, with aim to produce 500,000 cars a year by 2030" Also while other OEMs are competing in US, EU and China, Chinese OEMs have played a strategic decision in making Middle East their focus. Wulf Schlachter Interview (1/9) Here is the first snippet of the 30 min long interview. Subscribe to my newsletter for more EV and automotive industry intelligence. In the comment below, find the links for full interview on Youtube, as well as podcasts links for Spotify, Amazon and Apple. Make sure to follow, to keep up with the industry insights.