Tag Archives: vehicles

News

Will Saudi Arabia be the new leader in EV production?

Saudi Arabia is the world’s largest oil producer, and a few years ago it announced that it wanted to transform its economy by the end of the decade. Vision 2030 is based on “a vibrant society, a prosperous economy and an ambitious nation”. Development of the financial sector, digitization and privatization program of state-owned properties to attract foreign investment, and the vision includes a plan to make the Kingdom number one in the production of electric cars. This is possible thanks to the huge investment capacity achieved through the sale of gas and oil, and recently the Kingdom signed an agreement with Lucid Group on the construction of the first ever facility for the production of electric vehicles in KSA.

Representatives of Saudi Arabia stated that this is only the beginning of what can be expected in the future, and the opening of the first Lucid Group factory will enable the realization of the recently signed agreement with the Government of Saudi Arabia on the sale of 100,000 vehicles in the next decade. The factory will be built in Jeddah and will have a capacity of 150,000 vehicles per year.

“Saudi Arabia is on track to become a global leader in electric vehicles, aligning with its ambitious carbon reduction and renewable energy targets,” said Michael Perschke, CEO of German electric vehicle company Quantron AG.

Mordor Intelligence is a market research company, and according to their research, the market in the Middle East and Africa region will double in the next four years from the current $40.25 million to $93.10 million.

How serious the Kingdom is in its intentions to become a leader in the production of electric vehicles is also shown by the first Saudi brand of electric vehicles, Ceer, which was launched by the Saudi State Fund in cooperation with the Taiwanese company Foxconn. The plan is to produce 170,000 Ceer vehicles per year.

In 2021, the Saudi authorities pointed out that they want 30 percent of vehicles in Riyadh to be electric by the end of the decade, and according to Goldman Sachs, half of the sales of new cars worldwide by 2035 will be EVs.

Source: Lucid Group

Auctions

2011 Porsche 911 GT2 RS is up for auction

In 2010, Porsche introduced a high-performance, track-focused sports car, the Porsche 911 997 GT2 RS. It was produced until 2011, and only 500 cars left the production lines. One of them, the 2011 Porsche 911 GT2 RS (#379) is up for auction.

This 911 GT2 RS is powered by a 3.6-liter Mezger flat-six engine with 620 hp (456 kW) and 516 lb-ft (700 Nm) of torque. Power is sent to the rear wheels via a six-speed manual transaxle with a locking differential. It reaches 62 mph in 3.5 seconds with a top speed of 330 km/h (205 mph). It is mounted on white gold 19″ GT2 RS center-lock wheels wrapped in 245/35 front and 325/30 rear Michelin Pilot Sport Cup 2 tires.

The car is finished in Guards Red, properly maintained and in good condition. Like all other GT2 RS, this one is equipped with carbon-fiber hood, titanium exhaust outlets, aluminum door skins, side intakes, a front hood decal in place of the standard badge, xenon headlights, clear taillights, dual exhaust outlets, fixed rear wing , Porsche Active Suspension Management (PASM) and Porsche Ceramic Composite Brakes (PCCB).

Inside, bucket seats are upholstered in black leather and red Alcantara with debossed headrests, while the multifunction steering wheel is wrapped in black leather. Additional equipment includes the Sport Chrono Package, the Additional Carbon Package, auto-dimming mirrors, PCM with navigation, the Audio System Package, the Sound Package Plus, automatic climate control, red seatbelts, Bluetooth and XM radio connectivity, and a K40 radar detector. The digital odometer reads 3,979 miles.

In March 2023, the owner changed the oil, coolant, and transmission fluids, differential, battery, fuel filter, air filter, cabin filter, and accessory drive belt.

The car has a clean Carfax report that shows no accidents or other damage. It comes with a window sticker, a DME report, service records, and a clean New York title in the seller’s name.

The auction ends on November 13 and the highest bid at the time of writing was USD $502,000.

Source: Bring a Trailer

Gallery:

2011 Porsche 911 GT2 RS is up for auction
Auctions

2013 Bentley Continental GT Speed is up for auction

In 2003, Bentley presented the first car under Volkswagen AG management, the Bentley Continental GT. Seven years later, the second generation of this model (Continental GT W12) arrives on the market, and in 2012, Bentley presents a more powerful version of this model, the Continental GT Speed Coupé. It was produced until 2018 and one example, the 2013 Bentley Continental GT Speed is up for auction.

Continental GT Speed is powered by a twin-turbocharged 6.0-liter W12 with 616 hp (459 kW) and 590 lb-ft (800 Nm) of torque. Power is sent to all wheels via a ZF eight-speed automatic transmission and an all-wheel-drive system with a 40:60 front and rear torque split. It reaches 60 mph in 4.0 seconds with a top speed of 330 km/h (205 mph). It sits on silver- and gray-finished 22″ wheels wrapped in 255/35 front and 295/30 rear Accelera Iota ST68 tires.

This car is finished in Moroccan Blue, has been properly maintained and is in good condition. It is equipped with bi-xenon headlights, parking sensors, a rearview camera, twin oval exhaust outlets, rear wing, rear spoiler, side sills and bumper covers, variable steering assist as well as air suspension with electronically controlled dampers. The car has minor paint damage on the rear diffuser, near the taillights and on the trunk sill.

Inside, heated/ventilated/massaging front seats are trimmed in Beluga leather with diamond-stitched seat inserts and Bentley logos on the headrests. Beluga leather also covers the door panels and center console. In front of the driver is a heated leather-wrapped steering wheel and a digital odometer showing 48,940 miles. Additional equipment includes a central LCD screen, front seat memory settings, a Naim for Bentley sound system, a Breitling clock, dual-zone automatic climate control, and a touchscreen infotainment system with navigation.

The car has a clean Carfax report that shows no accidents or other damage. It comes with an owner’s manual, and a clean Montana title in the name of the seller’s LLC.

The auction ends on November 12 and the highest bid at the time of writing was USD $30,000.

Source: Bring a Trailer

Gallery:

2013 Bentley Continental GT Speed is up for auction