Ceer, Saudi Arabia announces 11 new partnership worth USD 1.5 billion

On February 12, Ceer, Saudi Arabia’s first EV brand OEM, announced 11 new partnerships worth SAR 5.5 billion (approximately USD 1.5 billion) at the 3rd PIF Public Sector Forum. Most of the partnerships are with Saudi companies. It helps Ceer to achieve 45% localization targets. 
The signed MoUs include agreements wit....

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