"The big-three American car makers — Ford, General Motors, and Chrysler — are looking at the possibility of setting up assembly plants in Saudi Arabia, Arab News reports. The plants would serve to feed the regional Gulf market. American companies are far from the only ones looking at vehicle assembly in the Kingdom. Isuzu is moving forward on assembly plants for light trucks. The Indian giant Tata is as well. Even Jaguar-Land Rover see potential in local assembly.
I think this is going to happen. But I also think it will be interesting to see if any sort of market develops for electric vehicles. The potential for solar power generation in Saudi Arabia is considerable, to say the least, but it’s not online yet. Given the strain already being placed on the Saudi electrical grid, I suspect these vehicles are still quite some way away from becoming popular."
'via Blog this'
No comments:
Post a Comment