CEER announces USD 1.3 billion contract for construction of EV plant in Saudi Arabia

On March 7, CEER, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM), announced the awarding of a SAR 5 billion (USD 1.3 billion) contract for the construction of the CEER Electric Vehicle Manufacturing Complex in King Abdullah Economic City.
The contract has been awarded to Sa....

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