New Saudi Investment in the Electric Car Sector
Saudi Arabia's Abdul Latif Jameel Group has signed an agreement with India's Greaves Electric Mobility, the electric vehicle arm of the engineering firm Greaves Cotton, to invest SAR 825 million ($220 million) in the company. The Saudi company will initially pour SAR 560 million ($150 million) for purchasing 35.8% stake…
Asharq Al-Awsat ·