ARAMCO and GAUSSIN sign a partnership to join forces in the hydrogen vehicle sector


Gaussin aims to establish a modern manufacturing plant for hydrogen vehicles “Made in Saudi Arabia”

Aramco sponsors the first hydrogen-powered truck to participate in the Dakar rally, during the January 2022 Dakar rally in Saudi Arabia

DHAHRAN, Saudi Arabia & HERICOURT, France, December 06, 2021– (COMMERCIAL THREAD) – ARAMCO, one of the integrated world leaders in energy and chemicals, and GAUSSIN (ALGAU – FR0013495298), pioneer of clean and intelligent transport of goods and people, have initiated a partnership in the field of vehicles hydrogen.

The signing of this agreement took place in the presence of HE Khalid Al Falih, Saudi Minister of Investment and HE Franck Riester, French Minister Delegate for Foreign Trade and Economic Attractiveness, as well as the Chairman and CEO of Aramco, Amin H. Nasser.

Christophe Gaussin, CEO of Gaussin, was personally invited to participate in the delegation of French CEOs accompanying French President Emmanuel Macron during his state visit from December 2-4, 2021 to Qatar, the United Arab Emirates and Saudi Arabia. The sales delegation included organizations such as Airbus, Ardian, Egis, Air Liquide, Engie, GL events, HSBC and EDF.

The agreement between Aramco and Gaussin aims to establish a modern manufacturing plant for hydrogen vehicles in the Kingdom of Saudi Arabia. As a first step, Gaussin and Aramco will study the feasibility of a manufacturing plant and a hydrogen distribution activity to serve the Middle East region.

The two companies also agreed that Aramco’s new Advanced Innovation Center (LAB7) would be closely associated with Gaussin’s hydrogen vehicle development and the development of a remote-controlled / autonomous hydrogen racing truck. LAB7 aims to integrate Aramco’s composite materials into Gaussin’s existing product line to reduce the weight, energy consumption and cost of these vehicles.

Aramco will also sponsor the world’s first hydrogen-powered racing truck, which was developed by Gaussin and which will take part in the January 2022 Dakar rally in Saudi Arabia – the Gaussin H2 Racing Truck. (see press release of November 9, 2021) which will function as a new energy experimental vehicle. Aramco’s sponsorship of Gaussin’s participation in the Dakar Rally continues to promote developments in low-emission transportation technologies.

Ahmad Al-Sa’adi, Senior Vice President of Technical Services at Aramco, said: “The agreement is the start of an exciting collaboration to advance and promote hydrogen as a low carbon transportation fuel. It also enables us to advance economic growth and sustainability in the Kingdom through the Namaat industrial investment program. Aramco is delighted to be the exclusive sponsor of the first hydrogen truck of the Dakar Rally, which is a milestone for motorsports and global transport. “

Gaussin CEO Christophe Gaussin said: “The Middle East is a key region for Gaussin and Saudi Arabia is crucial for transferring our technologies and know-how there. It will host the next edition of the Dakar Rally and the country shares with Gaussin an ambitious desire to decarbonize mobility and tackle.This is why we are very proud to announce this collaboration with Aramco, one of the integrated world leaders of the energy and chemistry. is a testament to our shared commitment to achieve zero net carbon emissions. “

About Aramco

Aramco is an integrated global energy and chemicals company. We are driven by the fundamental belief that energy is an opportunity. From producing approximately one in eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to making an impact in everything we do. We strive to make our resources more reliable, more sustainable and more useful. This helps promote long-term stability and growth around the world. www.aramco.com

About GAUSSIN

GAUSSIN is an engineering company that designs, assembles and markets innovative products and services in the field of transport and logistics. Its know-how encompasses the transport of goods and passengers, autonomous technologies allowing self-driving solutions such as guided motor vehicles, and the integration of all types of batteries, in particular electric and hydrogen fuel cells. . With more than 50,000 vehicles worldwide, GAUSSIN enjoys a strong reputation in four fast-growing markets: port terminals, airports, logistics and passenger mobility. The group has developed strategic partnerships with major global players in order to accelerate its commercial penetration: Siemens Postal, Parcel & Airport Logistics in the airport sector, Bolloré Ports and ST Engineering in ports and Bluebus for passenger mobility. GAUSSIN has broadened its business model with the signing of licensing agreements accelerating the dissemination of its technology around the world. The acquisition of METALLIANCE confirms the emergence of an international group present in all segments of the smart and clean vehicle.

In October 2021, GAUSSIN won the Dubai World Challenge for Self-Driving Transport.

GAUSSIN has been listed on Euronext Growth in Paris since 2010.

More information on www.gaussin.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211205005045/en/

Contacts

International media relations: [email protected]
Investor Relations: [email protected]
Aramco

GAUSSIN
Christophe Gaussin, [email protected]
+33 (0) 3.84.46.13.45

LHA Investor Relations – UNITED STATES
Jody Burfening, [email protected]
+1 (212) 838-3777

Ulysses Communication
Nicolas Daniels, [email protected]
+33 (0) 6.63.66.59.22

Charles Courbet, [email protected]
+33 (0) 6.28.93.03.06

Rooney Partners – United States
Jeanene Timberlake, [email protected]
+1 (646) 770-8858


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