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The use of hydrogen fuel would play a significant role in reducing emissions in the transportation industry, particularly in the hard-to-decarbonize category of heavy vehicles.
Major automakers and IT companies are working together to encourage the development of internal combustion engine models, low-emission technologies, and effective hybrid solutions.
Future emission reductions from the automotive industry are aided by the trend toward the creation of innovative fuels cells and effective technology for internal combustion engines.
The Saudi Arabia Fuel Cell Vehicle Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
Five agreements with French businesses have just been signed, including one with Gaussin to investigate the possibility of operating hydrogen-powered vehicles, according to the Saudi Arabian Oil Company (Aramco).
Gaussin wants to construct this as a cutting-edge hydrogen vehicle manufacturing facility “Made in Saudi Arabia.”
The goal of the partnership between Aramco and Gaussin is to build a factory in the Kingdom of Saudi Arabia that will produce both on- and off-road hydrogen-powered vehicles.
In order to service the Middle East region, Gaussin and Aramco will first investigate the viability of a manufacturing site and a hydrogen distribution company.
Through its Advanced Innovation Centre, known as LAB7, Aramco hopes to localise the manufacture of hydrogen-powered vehicles in the Kingdom and to create associated technologies.
