Dr. Badr Al-Shibani, founder and CEO of Kai Holding

Dr. Badr Al-Shibani
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Updated 21 February 2020

Dr. Badr Al-Shibani, founder and CEO of Kai Holding

Dr. Badr Al-Shibani is the founder and CEO of Jeddah-based Kai Holding, which was founded in January 2005. He is responsible for business development and strategic direction at the group and its subsidiaries.

He is also the chairman of Hadath group, which was established in March 2007. It provides diverse and innovative management and marketing solutions to its target market in the Gulf region.

Al-Shibani is known for his ability to penetrate new markets, generating sales and providing solutions for the group’s businesses. In 2013, he was selected as one of the most inspiring Saudi leaders in the business world by Forbes Middle East. He was chosen to relay the historic Olympic torch in London Olympics in 2012.

He has a bachelor's degree in pharmaceutical science from King Saud University in Riyadh. Al-Shibani did an MBA in 2011 at the Thunderbird School of Global Management in the US.

He is an author, executive coach and motivational speaker.

Al-Shibani, who was interviewed by Arab News earlier this year, describes himself as a life-seeker. His passion for adventure started 15 years ago, when he made a bucket list that included reaching the summits of the world’s highest seven mountains, jumping out of a plane, diving into the deepest cave, and visiting an active volcano.

He traveled to Nicaragua to see its famous Masaya lake of molten lava, which was formed during an eruption 2,500 years ago. The “lake” is in a volcanic vent and, with expert help, Al-Shibani was able to hang above it. He recently reached the top of Aconcagua mountain in Argentina.

His Twitter handle is: @jebadr.

 

 


Saudi-backed electric car breaks through 500 miles range barrier

Updated 12 August 2020

Saudi-backed electric car breaks through 500 miles range barrier

  • Lucid Motors announced independent range verification of 517 miles on a single charge for its forthcoming Lucid Air all-electric sedan

 

LONDON:A Saudi-backed electric vehicle has broken through the 500 mile range barrier from a single charge.
Lucid Motors, in which Saudi Arabia’s Public Investment Fund is a major investor, on Wednesday announced independent range verification of 517 miles on a single charge for its forthcoming Lucid Air all-electric sedan.
The results confirm that the Lucid Air is the longest range electric vehicle to date, the car maker said in a statement.
So-called “range anxiety,” where drivers fear being stranded without power in their cars, is a major factor for electric vehicle manufacturers in convincing people to make the switch from traditional gasoline-fueled vehicles.
“Range and efficiency are widely recognized as the most relevant proof points by which EV technical prowess is measured,” said Lucid Motors CEO Peter Rawlinson. “A few years ago we revealed our alpha prototypes of the Lucid Air and promised over 400 miles range; a reflection of our technology at that time. In the intervening period we have achieved a series of technological breakthroughs, culminating in an unsurpassed degree of energy efficiency.”
The PIF agreed a $1 billion investment deal with Lucid Motors two years ago to develop the car at a factory in Arizona.
The production version of the Lucid Air will debut in an online event on Sept. 9, 2020. In addition to the vehicle’s final interior and exterior designs, new details about production specifications, available configurations, and pricing information will also be shared.
Customer deliveries of the Lucid Air, which will be produced at Lucid’s new factory in Casa Grande, Arizona, will begin in early 2021.