Ceer, Saudi Arabia announces workforce expansion, reaches 1500 employees’ milestone On April 17, Ceer, the first Saudi brand dedicated to manufacturing electric vehicles and original equipment technology, announced that it had reached the 1,500-employee milestone. It recruited experts from 45 nationalities. It also seeks to provide 6,500 direct jobs and 23,000 indirect and new jobs. Ceer continues its efforts to prepare a future-ready Saudi wor...

News  Updated at: 2025/04/18

back to Musk’s short-lived bid in 2018 to take the company private. A month after the feud with Musk went public, the PIF announced a USD 1 billion-plus investment in EV-challenger Lucid. The USD 925 billion PIF has also invested in a domestic EV brand in Saudi Arabia that is yet to launch called Ceer. (multiple sources on March 26, 2025)...

News  Updated at: 2025/03/27

Ceer, Saudi Arabia partner with Isoclima, Italy for glass solutions On February 19, Ceer signed a strategic partnership agreement with Isoclima, the leading company in high-performance glass solutions to develop and manufacture the largest windshield in the world, which is a key element in the distinctive design of Ceer sedans and SUVs. The upcoming vehicles will feature an advanced, ultra-thin windshield with a three-layer infrared-reflective si...

News  Updated at: 2025/02/20

Al-Obeikan, Saudi Arabia to supply aluminum parts to Ceer On February 13, Al-Obeikan Glass Company announced that Saudi Aluminum Foundry Company (“Al Masbak”) (a 60% owned subsidiary of the company) had signed a contract with Ceer National Automotive Company. It will supply and manufacture aluminum parts used in automotive manufacturing. Based on Al- Obeikan Glass Company stock exchange filing ...

News  Updated at: 2025/02/17

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 with Zamil Central Air Conditioners Co. Ltd. to produce HVAC s...

News  Updated at: 2025/02/13

g activities, located within King Abdullah Economic City (KAEC). It will play a key role in Saudi Arabia’s economic diversification, boosting the automotive sector and sustainable transportation, while contributing to the growth of non-oil GDP and exports. It will host notable companies including Ceer, and Lucid Motors, several PIF joint projects with global manufacturers, including Hyundai, and a joint venture agreement with Pirelli to establi...

News  Updated at: 2025/02/07

Ceer, Saudi Arabia partners with Sabelt, Italy to develop seats for upcoming sedan and SUV On February 4, Ceer, Saudi Arabia’s first electric vehicle (EV) brand, and OEM, announced a USD 145 million collaboration with Sabelt, an Italian company that specializes in designing and manufacturing high-performance seats for automobiles. Sabelt will engineer, develop, and produce innovative sports seats for Ceer’s upcoming flagship electric sedan a...

News  Updated at: 2025/02/05

Ceer, Saudi Arabia partners with Schuler to establish fully automated press shop for EV production On December 18, Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM), partnered with Schuler, a press and dies manufacturer, to supply and install the completely automatic press shop at Ceer Manufacturing Complex (CMC) in the MENA region. In the partnership, Schuler is setting up the region's first fully...

News  Updated at: 2024/12/19

e company will supply mid-casings to protect inverters and housing actuators to control the direction and speed of motor rotation. The contract is valid from October 2027 to December 2036, and the sales value is expected to reach KRW 14.54 billion (JPY 1.6 billion). These parts will be used for the Ceer EV brand vehicles in Saudi Arabia. (From various releases on November 25, 2024)...

News  Updated at: 2024/12/02

Ceer, Saudi Arabia partners with Rimac, Croatia for advanced electric drive systems On November 10, Ceer, Saudi Arabia's first electric vehicle (EV) brand, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), signed a partnership with Rimac Technology for the supply of high-performance, fully integrated Electric Drive Systems (EDS) for its upcoming flagship range of EVs.  Ceer will be the firs...

News  Updated at: 2024/11/11

EVIQ and Ceer announce partnership for charging infrastructure in Saudi Arabia On October 6, EVIQ signed a strategic partnership agreement with Ceer, the first Saudi electric vehicle brand. This collaboration represents a pivotal step in advancing the Kingdom's electric vehicle charging infrastructure. EVIQ is a joint-venture company between the Public Investment Fund (PIF) and the Saudi Electricity Company (SEC).  Based on EVIQ social media upd...

News  Updated at: 2024/10/07

and automotive, especially electric vehicles. The Forum saw the signing of total of 11 MoU between Thai and Saudi companies, covering cooperation in areas including energy, infrastructure, engineering, agriculture and forestation. The Thai delegation held meetings with leading Saudi firms including Ceer Motors, Saudi's first EV brand, and held talks with senior Saudi officials. (From Thailand's Board of Investment release dated June 15, 2024)...

News  Updated at: 2024/07/16

Hyundai Transys to supply electric vehicle drive systems to Ceer, Saudi Arabia On June 11, Ceer, Saudi Arabia’s first electric vehicle (EV) brand and OEM, signed a SAR 8.2 billion (USD 2.18 billion) partnership with Hyundai Transys for the supply of innovative electric vehicle drive systems (EDS) for its vehicles. Unlike typical EDS, which comprise separate motors, inverters, and reduction gears, resulting in power loss between connecting cable...

News  Updated at: 2024/06/12

Ceer, Saudi Arabia joins United Nations Global Compact On June 6, Ceer joined the United Nations Global Compact and is embedding its 10 principles into its strategy, culture, and operations. Joining the UN Global Compact reflects Ceer’s commitments to sustainability, public accountability, and transparency, and developing new networks and partnerships.  This is in line with Ceer’s position as a portfolio company of Saudi Arabia’s Public In...

News  Updated at: 2024/06/07

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 Saudi company Modern Building Leaders (MBL). Th...

News  Updated at: 2024/03/11

rotecting the interests of manufacturers and scientists involved in it. He also launched the National Automotive and Vehicles Academy to develop capabilities in the electric car industry through a training model that ends with the graduation and employment of qualified students to work in Lucid and Ceer factories. Based on updates from Saudi Press Agency (SPA)...

News  Updated at: 2024/02/08

CEER partners with Siemens Digital Industries for automation of EV plant in Saudi Arabia On November 9, CEER announced its agreement with Siemens to advance the automation of systems within the electric vehicle manufacturing facility in King Abdullah Economic City.  The partnership aims to integrate Siemens Digital Industries solutions to ensure the simplification of digitization and automation within electric vehicle manufacturing processes. Si...

News  Updated at: 2023/11/16

CEER, Saudi Arabia and KAUST partner on smart mobility projects On October 16, CEER Motors announced a partnership with King Abdullah University of Science and Technology (KAUST) are partnering to research and develop and innovate for breakthroughs in smart mobility, including connectivity and autonomous driving technologies.  This agreement will enable CEER technical experts and KAUST researchers to advance technologies and find groundbreaking ...

News  Updated at: 2023/10/17

dullah Economic City (KAEC), which will serve the aftermarket parts industry. Tasaru Mobility Investments will be a majority shareholder in the new venture. PIF has made significant investments in the future of mobility, including establishing Saudi Arabia’s first national electric vehicle brand, Ceer, in partnership with Foxconn, as well as investing in US-based Lucid Motors. Based on the Public Investment Fund press release  ...

News  Updated at: 2023/10/11

Mobase Electronics to supply airbag system components to Saudi Arabian EV brand, Ceer Several South Korean media sources reported Mobase Electronics Co., Ltd. (Mobase Electronics) will start supplying core components for airbag systems to the first Saudi Arabian electric vehicle (EV) brand, the Ceer. The contract is valid for ten years, but the size of the deal is unpublicized to protect trade secrets. (From various releases on August 18, 2023)...

News  Updated at: 2023/08/21