Saudi Arabia is launching its own EV brand with its oil money
November 3, 2022
Saudi Arabia, a country known for its oil production, announced today that it is launching its own electric car brand called Ceer in partnership with Foxconn and BMW.
The shift to electric vehicles is happening faster than most people anticipated, and it is an unstoppable force at this point.
Even oil companies are getting involved. BP and Shell, for example, are investing in electric vehicle…