Turkey, Saudi Arabia, Egypt Building Factories for Battery Powered Vehicles
Between the close of this year’s climate conference in Sharm el Sheikh and the 2023 climate event slated for December 2023 in the UAE, Turkey, Saudi Arabia, and Egypt are all working to position themselves as new electric vehicle powerhouses. Signaling an era where next-generation electric vehicles are made in a region most strongly associated with fossil fuels, manufacturers in the three countries are seeing new forms of government backing and technology-driven partnerships with international automotive companies. Saudi Arabia, the world’s largest oil exporter, has set the most ambitious …