Saudi Arabia wants a car industry, launches Ceer with two EVs
- Saudi Crown Prince and Prime Minister Mohammed bin Salman launched EXOBOT on Monday, the flagship electric sedan and SUV from CEER, Saudi Arabia's first homegrown automotive brand.
- The Public Investment Fund launched CEER in 2022 to develop the national industrial ecosystem, with vehicles produced at the CEER Manufacturing Complex, the largest automotive production facility in the Middle East.
- Designed and engineered in Saudi Arabia, the EXOBOT sedan and SUV are the first of seven models CEER intends to launch over the next five years, with designs inspired by the Kingdom's landscape.
- By 2034, CEER is projected to contribute more than $8 billion to Saudi Arabia's GDP and over $21 billion to the Kingdom's trade balance while creating quality jobs.
- The Crown Prince said the launch represents a step forward in Saudi Arabia's progression to build an industrial ecosystem and position the Kingdom as a leading regional and global automotive hub.
24 Articles
24 Articles
Saudi Arabia wants a car industry, launches Ceer with two EVs
The new carmaker is a joint venture between the Saudi PIF and Foxconn.
Saudi’s Ceer unveils first EVs in bid to build regional auto powerhouse
KING ABDULLAH ECONOMIC CITY, Saudi Arabia/LONDON, Sept 21 (Reuters) – Saudi startup Ceer made public its first two fully electric vehicle models on Monday and said it will launch five more models by 2030 as part of Saudi Arabia’s goal to create a viable auto industry to curb the country’s dependence on oil. Called Exobot, the futuristic premium electric sedan and SUV will start sales in Saudi Arabia in early 2027. With designs reminiscent of c…
Saudi Crown Prince launches CEER’s 1st electric vehicles, EXOBOT
Riyadh: Saudi Crown Prince Mohammed bin Salman on Monday, September 21, launched EXOBOT, the first electric vehicles from CEER, the Kingdom’s national automotive company, marking a key step in Saudi Arabia’s plans to develop its domestic automotive industry. The EXOBOT sedan and SUV were unveiled as part of Saudi Arabia’s broader industrial diversification strategy under … Get the latest updates in Hyderabad City News, Technology, Entertainment,…
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