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Saudis launch first EV brand called Ceer

"The new brand of EVs, Ceer, a JV between Saudi Public Investment Fund (PIF) and Hon Hai Precision (Foxconn) is expected to add $8 billion to the country’s GDP by 2034, and is expected to bring in $150 million in foreign direct investment."
Oilprice.com
2022-11-08 08:19:01