Saudi Arabia set on securing lithium for EV ambitions
Saudi Arabia is committed to sourcing lithium from overseas as it looks to produce EV batteries and invest in the electric vehicle sector, a senior minister said in an interview, noting attempts to secure domestic supplies were at an early stage.
Saudi Arabia, whose economy has for decades relied on oil, has spent billions attempting to turn itself into a hub for EV manufacturing as part of de facto ruler Crown Prince Mohammed Bin Salman’s attempts to diversify the economy.
This is huuuuuuge, watch this space
Saudi Arabia set on securing lithium for EV ambitionsReuters |...
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