South Korea’s EL B&T to Build $250mn EV and Battery Hub in Duqm

Oman has signed a $250 million agreement with South Korean electric vehicle technology company EL B&T to establish an electric vehicle and battery cell manufacturing complex in the Special Economic Zone at Duqm, marking a major step in the Sultanate’s industrial diversification and clean mobility ambitions. The agreement was signed between Oman’s Public Authority for […] The post South Korea’s EL B&T to Build $250mn EV and Battery Hub in Duqm appeared first on The Middle East Observer.