Qatar's automotive industry
Qatar's automotive industry is virtually non-existent. The Government of Qatar appears to have plans to build up capacity in sector with the end goal of creating a home built automotive sector. In February 2009, the government set up a committee to explore investment avenues in the automobile industry and help build necessary infrastructure related to the sector. Members are from the Qatar Investment Authority, ministries of economy, municipal affairs, Qatar Motor and Motorbike Racing Federations, Qatar Development Bank, and Qatari Diar.
The QIA holds a major stake in Fisker Automotive, which produces electric vehicles and sports car. The QIA holds a 25% stake in Volkswagen and is the largest shareholder.