Wireless charging technology eliminates the need for cumbersome cables and connectors, making charging EVs as convenient as parking.

The Kingdom of Saudi Arabia is poised to become a major player in the burgeoning global electric vehicle (EV) market. The nation's sovereign wealth fund, the Public Investment Fund (PIF), has awarded a $1.3 billion contract to Lucid Motors to establish a manufacturing facility in the kingdom. This significant investment marks a pivotal step in Saudi Arabia's ambitious plans to become a regional EV hub and diversify its economy beyond oil.