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Enovate Motors to build NEV manufacturing site with annual capacity of around 100,000 units in Saudi Arabia
On December 12, Enovate Motors announced that it has recently established a joint venture with Sumou Holding Company, a local Saudi Arabian company, to jointly invest some USD 500 million in the construction of a New Energy Vehicle (NEV) manufacturing and R&D site with an annual capacity of around 100,000 NEVs in Sau....
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