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Ceer Motors, King Abdullah Economic City Plant (tentative name)[Saudi Arabia]
vehicles for consumers in Saudi Arabia and the MENA region, including sedans and sports utility vehicles. Ceer will attract over USD 150 million of foreign direct investment, and create up to 30,000 direct and indirect jobs. Ceer is projected to directly contribute USD 8 billion to Saudi Arabia’s GDP by 2034. Ceer is a joint venture between PIF and Hon Hai Precision Industry Co. (“Foxconn”). It will license component technology from BMW for...
OEM Plants Updated at: 2024/03/12