illiance WM Motor NIO Mahindra & Mahindra PSA Daimler Honda Hanteng Lifan Yinxiang JAC Great Wall JMCG Hawtai Mazda Suzuki Tata Ferrari Isuzu Mitsubishi Bamford Bus Li Auto Xpeng Stellantis Rivian Mercedes-Benz Xiaomi SERES Lucid Leap INEOS Dorcen Fulin Group VinFast Force Motors HiPhi NETA AvtoVAZ Ceer Proton GLM Baoneng Haima Foday Tesla Ford GM Nissan Renault Audi LEVC SAIC GM Toyota Volkswagen Hyundai Subaru Kia Chrysler BMW FAW Car Changan C...

Who Supplies Whom  Updated at: 2026/04/02

FEV, Germany partners with CEER to advance EV development in Saudi Arabia On February 17, FEV signed a memorandum of understanding (MoU) with CEER during the PIF Private Sector Forum. The agreement aims to expand collaboration across key areas supporting CEER’s electric vehicle program and Saudi Arabia’s Vision 2030 goals. Through this partnership, both companies will use their combined expertise to advance technology, strengthen local capabi...

News  Updated at: 2026/02/18

n the Kingdom. Strategically located within MASARAT Mobility Park, at the heart of the King Salman Automotive Cluster in King Abdullah Economic City (KAEC), the complex is designed to accelerate localization, attract leading suppliers, and support the production needs of OEMs, for companies such as CEER, and Lucid Motors. Based on TASARU press release ...

News  Updated at: 2026/02/12

nto development lease agreements with TASARU Supplier Hub, a strategic initiative by TASARU Mobility Investments (a PIF company). These agreements enable TASARU Supplier Hub to develop manufacturing facilities at MASARAT Mobility Park to host global Tier-1 automotive suppliers serving OEMs, such as Ceer and Lucid Motors. It will be located within the King Salman Automotive Cluster in the Special Economic Zone (SEZ) at KAEC. MASARAT Mobility Park ...

News  Updated at: 2026/02/10

CEER, Saudi Arabia signs SAR 3.7 billion supply chain deals to boost localization On February 9, CEER, Saudi Arabia’s first electric vehicle brand, announced a major expansion of its domestic supply chain at the 4th PIF Private Sector Forum. The company signed 16 commercial agreements worth over SAR 3.7 billion. This new set of partnerships will strengthen CEER’s localization strategy. It also helps build a strong supply chain to support CEER...

News  Updated at: 2026/02/10

Dürr, Germany builds sustainable paint shop for CEER, Saudi Arabia On January 13, Dürr announced that it is building an innovative and sustainable paint shop for CEER, the first Saudi automotive company and Saudi-born EV brand. AGVs will transport car bodies flexibly between stations based on demand in the modular system. The latest application technology paints the interiors and exteriors of electric vehicles in the same box. In addition, ther...

News  Updated at: 2026/01/13

CEER, King Abdullah Economic City Plant Electric cars (2026-planning); EV assembly plant of Ceer, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn) , Scheduled to start operation in 2026 - number of employees - 6,500 (planning) - Production Capacity: 240,000 units/year (Planning) - Construction starts in 2024, vehicle roll out in 2026 - partnership with BMW for license component technology...

OEM Plants  Updated at: 2025/12/05

Renamed Seoyon Electronics Co., Ltd. to Mobase Electronics Co., Ltd. Mobase Electronics wins Samsung SDI’s order for battery PBA Mobase Electronics won new orders for electrical components from Renault and VinFast Mobase Electronics to supply airbag system components to Saudi Arabian EV brand, Ceer Central, Daedon, Daewon Kangup and Sejong selected for Word Class 300 Project Daedong to transfer headquarters and plants to Suwon Industrial Com...

Major Suppliers  Updated at: 2025/10/09

Financial overview  (in KRW millions)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate of Change(%) Sales 12,746,390 11,693,980 9.00 Operating income 78,662 116,988 (32.8) Net income 23,086 96,745 (76.1) Contracts 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) partner...

Major Suppliers  Updated at: 2025/09/30

Hyundai and Kia Hyundai Kefico mass producing new hydraulic sensors for Kia Hyundai Kefico starts production of new variable force solenoid valves Hyundai Kefico wins 5-star technical rating Hyundai Kefico's ECUs used on Kia Soul EV Hyundai Kefico to start supplying parts for Saudi Arabian EV brand Ceer Hyundai Kefico to join EVS37 international EV symposium & exhibition Hyundai Motor announced that it has established KEFICO Automotive Systems (B...

Major Suppliers  Updated at: 2025/09/30

Ceer, Saudi Arabia, announced new visual identity On September 21, Ceer, the first Saudi brand to manufacture electric vehicles and original equipment technology, announced the launch of its new visual identity. The company unveiled the first bilingual logo (Arabic and English) in the global automotive sector. Its visual presence reflects the meaning of the name "Ceer" in Arabic, which embodies movement and progress.  Ceer also unveiled a unique...

News  Updated at: 2025/09/22

n the Kingdom. Strategically located within MASARAT Mobility Park, at the heart of the King Salman Automotive Cluster in King Abdullah Economic City (KAEC), the complex is designed to accelerate localization, attract leading suppliers, and support the production needs of OEMs, for companies such as CEER, and Lucid Motors. Based on TASARU press release  CharterUP, a North American enterprise platform for group and shuttle transportation, has ente...

Major Suppliers  Updated at: 2025/08/27

n the Kingdom. Strategically located within MASARAT Mobility Park, at the heart of the King Salman Automotive Cluster in King Abdullah Economic City (KAEC), the complex is designed to accelerate localization, attract leading suppliers, and support the production needs of OEMs, for companies such as CEER, and Lucid Motors. Based on TASARU press release  Lear Corp. has won Ford's next-generation Super Duty seating contract, according to two people...

Major Suppliers  Updated at: 2025/07/28

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