Shell Eco-marathon Asia-pacific And The Middle East 2023 Bringing A Country’s Vision To Life, One Student At A Time
Jul 31, 2023
Four teams from the Middle East including two teams from Saudi Arabia competed in the Shell Eco-marathon Asia Pacific and Middle East 2023 with more than 70 regional teams at the Mandalika racetrack in Lombok, Indonesia.
PSU ECO team celebrating with other teams in race track
PSU ECO TEAM from Prince Sultan University, Saudi Arabia, competing in the Battery Electric-Urban Concept category
KFU team from King Faisal University, Saudi Arabia, competing in the Battery Electric-Urban Concept category
KFU team celebrating passing technical inspections
KFU team preparing competing vehicle to the race
PSU ECO team vehicle on race track
PSU ECO team member on race track
All teams at Shell Eco-marathon
All the students participating at Shell Eco-marathon
KFU team vehicle on race track
PSU ECO team member on race track
KFU team member on race track
The teams from King Faisal University (KFU) and Prince Sultan University (PSU) comprised of 14 students whom, driven by their passion to make a lasting impact towards Saudi Arabia’s 2030 vision, worked for an accumulative 7000 hours.
The students participated in the Shell Eco-marathon as a challenge to prove that they can compete on a regional, and eventually global level.
Ahmed from KFU’s team explains: “KFU often encourages students to explore food security and energy sustainability solutions. For this competition, we focused on the latter and built our Urban Concept vehicle with a vision that one day the hands that built this prototype will build a fully functioning sustainable vehicle that is made in Saudi and will be driven all over the world.”
He added: “as a generation that is just emerging into this trend, one of the main learnings for us was realizing how many parts we had to import to build this car, and our next focus was how can we make these parts in our country to help build the future of the nation.”
Bandar and his teammates from PSU also highlighted that participating at Shell Eco-marathon was not just a matter of winning a competition, but rather a matter of great pride.
He explained, “Participating in the Shell Eco-marathon is an achievement to anyone who studies in our university, as it is the greatest way to show-off the skills and knowledge we have obtained throughout our academic careers. We got to understand how cars work and gained the chance to build our own and compete with it on an international level. “
Bandar and his team’s vision align with the growing ambition of the Saudi Green Initiative to reduce carbon emissions by 278 mtpa by 2030. They aim to be pioneers and help their country tackle climate change that arises from CO2 emissions by enhancing their design, hoping to commercialize it in the future. Separated by the various disciplines of engineering, but united by the drive to achieve their country’s vision, the team came together to harmonize their technical expertise and creativity to build their car.
When asked about the learnings they gained through this experience the team said: “In our eyes, the knowledge that we gained from the Shell Eco-marathon cannot be taught elsewhere. We got the chance to learn how to apply our creativity, achieve the goals we set and abide by the rules of car industries. We learned how to work under pressure with confidence, brainstorm and find solutions in record times, and most importantly had the chance to make mistakes and learn from them.”
Bandar and his mates recommend engineering students from around the globe to take part in the competition and experience what it feels like to be change makers of tomorrow.
Middle East and North Africa Media Relations: MENA.Media@shell.com
About Shell Eco-marathon
The Shell Eco-marathon challenges high school and college student teams from around the world to design and build the most energy efficient vehicles to address future energy challenges and promote smarter, more sustainable mobility. For more information, please visit (https://www.shellecomarathon.com/).
The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this announcement, “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. “Joint ventures” and “joint operations” are collectively referred to as “joint arrangements”. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.
This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, “milestones”, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2022 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, July 31, 2023. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.
Shell’s net carbon intensity
Also, in this announcement we may refer to Shell’s “Net Carbon Intensity”, which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell only controls its own emissions. The use of the term Shell’s “Net Carbon Intensity” is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.
Shell’s net-Zero Emissions Target
Shell’s operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, they reflect our Scope 1, Scope 2 and Net Carbon Intensity (NCI) targets over the next ten years. However, Shell’s operating plans cannot reflect our 2050 net-zero emissions target and 2035 NCI target, as these targets are currently outside our planning period. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.
Forward Looking Non-GAAP measures
This announcement may contain certain forward-looking non-GAAP measures such as cash capital expenditure and divestments. We are unable to provide a reconciliation of these forward-looking Non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those Non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.
The contents of websites referred to in this announcement do not form part of this announcement.
We may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.