On Monday, China finance ministry stated, it plans on rolling new policies to support hydrogen fuel cell vehicles in order to boost the industry’s supply chain and related technologies. China has emerged as the world’s biggest market for new energy vehicles (NEVs), which includes plug-in hybrids, battery electric vehicles as well as and hydrogen fuel…
On Friday, Turkey’s official gazette stated, its new domestic electric car project will receive a fixed investment of $3.7 billion (22 billion lira) over a period of 13 years, and will have an annual production capacity of 175,000 vehicles. Its new domestic electric car project, launched on October 30, will receive state support, including tax…
companies in the conglomerate are set to form joint ventures that will see them develop solutions for separate components of self-driving technologies. On Monday, four companies from the Toyota Motor Corp stated they would form a joint venture to develop software that manages components for self-driving technology including brakes, steering and others. In a joint…
Aramco’s IPO is central to Saudi Arabia’s strategic plan on diversifying its economy. On Monday, the CEO of Saudi Arabia’s Aramco disclosed that it plans on spending around $300 billion over ten years in upstream oil and gas projects. “This is mainly upstream, onshore, offshore and joint ventures in the kingdom and out of the…
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