Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar bin Ibrahim AlKhorayef, has revealed the Kingdom’s ambition to create a comprehensive hub for electric vehicle (EV) production. Speaking at the World Economic Forum in Davos, the minister highlighted recent strides in the automotive industry as proof of Saudi dedication to future technologies. AlKhorayef emphasized Saudi Arabia’s pivotal role in strengthening global supply chains, citing its strategic location, abundant natural resources, and commitment to infrastructure development under “Vision 2030.”
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