Lucid Motors aims to go public via SPAC deal
Lucid Motors appears in talks to go public through a merger with a special purpose acquisition company (SPAC) belonging to investor Micheal Klein. The deal could be worth $15 billion (about €12.4Bn) for the electric vehicle maker. Weiterlesen
Lucid Motors plans EV factory in Saudi Arabia
Lucid Motors is in talks with Saudi Arabia’s sovereign wealth fund to build an electric vehicle factory near the Red Sea port city of Jeddah, according to a media report. A second location in the country is also reportedly under consideration. Weiterlesen
A drag race of a kind nature never invented
Formula E has released another rather spectacular PR film just before the start of the fifth season in Saudi Arabia. This time it is about one of the oldest sports in the world and one beloved in the arabic world. Here, it is of course combined with one of the newest. Weiterlesen
Points for trying
The Formula E wants to send a message that goes beyond electric transport when opening the new season in Saudi Arabia next month. Seven female drivers will take part in the FE test in the country. Weiterlesen
Saudi Arabia may invest in Tesla rival Lucid Motors
PIF, the sovereign wealth fund of Saudi Arabia, who Elon Musk had banked on to help him taking Tesla private, is thinking to invest in Lucid Motors. The electric car startup is holding talks with PIF over a $1BN investment, Reuters quotes sources close to the matter. Weiterlesen
Oxford, Luxembourg, Marseille, New Flyer, Saudi Arabia.
Testing charging in public: Oxford intends to set up 100 on-street EV charging points by 2019 but wants to test at least six solutions by different providers first. Residents of the university town are asked to put their interest forward to have a charging point close to home. The trial is being funded through an 800,000 pound grant from the UK government’s ultra-low cities fund.
Luxembourg is to get hybrid buses as Autobus de la ville de Luxembourg orders 5 from Volvo as a turn-key solution. The 7900 Electric Hybrid is a plug-in that can operate 70 percent of the time electrically. Fast-chargers for the buses come from ABB with all deliveries due by the end of 2016.
Marseille turns to electric transport: The French city put its first 12 metre electric bus in service. The Irizar i2e has a 374 kWh battery pack, that offers a range of up to 155 miles and needs five hours of charging to be ready for a 14 to 16 hour shift. Marseille is also testing hybrid options.
Fleet renewal: New Flyer is to deliver 267 hybrid and diesel buses to Connecticut’s Department of Transportation (CTDOT). The contract is worth about 122m dollars and includes an option for an additional 218 vehicles. It has not been said however, how many of the buses will be partially electric.
Pilgrims’ carriage: 18,000 carts will be made available at the Grand Mosque in Saudi Arabia’s capital Abu Dhabi during the holy month of Ramadan. The fleet for worshippers includes at least 300 electric scooters and electric cars as well as special vehicles.