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Aramco's Advanced Innovation Center (LAB7)

institutionSaudi Arabia 5 mentions

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In the news (5)

Aramco has signed a letter of intent to become a potential minority stakeholder in a new powertrain company focused on low-emission and hydrogen fuel technologies. Their investment is expected to support growth and core research and development in next-generation hydrogen fuel and synthetic fuels.
The state-owned Saudi oil company sponsored Gaussin's participation in the Dakar Rally.
This center will be used in conjunction with Gaussin's hydrogen vehicle development and in developing a remote controlled/autonomous H2 racing truck.
Aramco has entered into a partnership with Gaussin to focus on hydrogen vehicles and will link its Advanced Innovation Center with Gaussin's hydrogen vehicle development.
Saudi Arabian oil giant Aramco is boosting its efforts to participate in the hydrogen fuel market, seeing it as a significant future opportunity for decarbonization and a growing, sustainable market.

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