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Saudi Arabia signs $5.6bln deal with Chinese EV company

Saudi Arabia’s Ministry of Investment has signed a $5.6 billion deal with Chinese electric car maker Human Horizons to collaborate on the development, manufacture and sale of vehicles, the Saudi state news agency said in a statement.  The agreement accounts…

Avera Signs MoU With NREDCAP For Supply Of EV

Vijayawada-based electric vehicle manufacturer Avera has signed a Memorandum of Understanding (MoU) with the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to make the vehicle accessible to the government employees, thereby helping the government achieve its goal…