A Hongqi luxury sports car (left) and a Hongqi concept electric sports utility vehicle, manufactured by China FAW Group, during the IAA Frankfurt Motor Show in Frankfurt. Photo: Bloomberg A Hongqi luxury sports car (left) and a Hongqi concept electric sports utility vehicle, manufactured by China FAW Group, during the IAA Frankfurt Motor Show in Frankfurt. Photo: Bloomberg
A Hongqi luxury sports car (left) and a Hongqi concept electric sports utility vehicle, manufactured by China FAW Group, during the IAA Frankfurt Motor Show in Frankfurt. Photo: Bloomberg
Energy
Business /  Companies

Saudi Aramco invests in cleaner internal combustion engines as it doubles down on oil ahead of jumbo IPO

  • Saudi Aramco said it’s investing tens of millions of US dollars a year to help carmakers develop engines that are less prone to carbon emissions
  • The move is aimed at ensuring sustainable demand for Aramco’s mainstay petroleum products

Topic |   Energy
Eric Ng
Eric Ng

Updated: 10:14am, 14 Oct, 2019

Why you can trust SCMP
A Hongqi luxury sports car (left) and a Hongqi concept electric sports utility vehicle, manufactured by China FAW Group, during the IAA Frankfurt Motor Show in Frankfurt. Photo: Bloomberg A Hongqi luxury sports car (left) and a Hongqi concept electric sports utility vehicle, manufactured by China FAW Group, during the IAA Frankfurt Motor Show in Frankfurt. Photo: Bloomberg
A Hongqi luxury sports car (left) and a Hongqi concept electric sports utility vehicle, manufactured by China FAW Group, during the IAA Frankfurt Motor Show in Frankfurt. Photo: Bloomberg
READ FULL ARTICLE